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Company formation in March


Hi, I have a query, a company has started with share capital of 1 lakh on 02 march 2016. Please let me know below details: 1) Is Audit required to be done for Financial year ending 2016? Is it mandatory? 2) Can we directly file ADT-1, AOC-4 and MGT_-7 now without doing audit? Which ITR is used for filing the company returns. Thanks a lot  
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