Financial year of a pvt ltd company
Querist : Anonymous
My query is that the date of incorporation of a Private Limited Company is 03/03/2011.
Which financial year should be adopted by the company?( 03/03/2011 to 31/03/2011 or 03/03/2011 to 31/03/2012)
Please explain.
An early reply is highly appreciated.
Querist : Anonymous
Please explain Which option is better for Income Tax purpose.
Please give reasons.
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