A Ltd is the holding company of B Ltd. The financial year for A Ltd.(Holding Co.) was from 01.10.2009 to 31.12.2010 i.e. 15 months and the financial year for B Ltd.(Subsidiary Co.) was from 01.03.2010 to 31.12.2010 i.e for 9 months.. Therefore while preparing the statement as per Section 212 are the figures to be adjusted??
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 June 2011
Sorry the financial year for B Ltd. is 01.04.10 to 31.12.10 i.e 9 months