Easy Office

Financial year for new company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 September 2015 COMPANY INCORPORTED IN M/O 1 FEB 2015 . WETHER THE COMANY IS REQUREID TO MAKE FINAICALS FOR THE YEAR 2014-15 FOR TWO MONTHS OR IT CAN MAKE FIANCIAL IN THE YEAR 205-16 FOR 14 MONTH. PLEASE SUGGEST.
Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
11 September 2015 NO

Financial year for the company incorporated on or after 1st January of a year means the period ending on 31st day of march of the following year.

In your case Company is incorporated on Feb 2015, financial year will end on 31/03/2016

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links