change in name.

This query is : Resolved 

03 September 2010 plz can any one suggest me, when the name of a company had been changed during the year....whether it is required to prepare two balance-sheet in respect of that........or an consolidated balance-sheet will be sufficient.
also suggest whether under income tax there is requirement of two bal-sheet under two different name or a consolidated balsheet will work in both the cases.

03 September 2010 No. Only one balance sheet will be made.

The name of the company will be states as XYZ Pvt. Ltd. (formerly known as ABC Pvt. Ltd.)


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