Financial reporting period
This query is : Resolved
27 September 2011
A proprietorship business has been converted into partnership business on 1.10.2011.Assuming financiar year is 2011-12.
what should be the financial reporting period for proprietorship business point of view ?
what should be the financial reporting period for proprietorship business point of view ?
CA. Nitin Agrawal
(Expert)
27 September 2011
Financial year will be from 01-04-2011 to 30-09-2011 for Prop. Firm.
CA Pushpendra Gaur
(Expert)
28 September 2011
Yes Mr Nitin is absolutely right ..............
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