Balance Sheet _ Doubt

I dont Know the section Number in companies Act.The period should not exceed 18 Months

Hi,

Balance Sheet is required to be placed in AGM, as such it would have been placed in AGM 2009 for the period as on 31 March 2009. Irrespective of business Balance sheet is required to be prepared. Balance shhet can be prepared just incorporating pre-liminary expenses.

For FY 2010 period of balance sheet will be from April 2009 to March 2010.

Regards

Jaideep Pandya

Agree with shivram the total period of balance sheet should not be more then 18 months.So in your case the company should must file the balance sheet as on the date 31.03.2009.....

thanks a loot...it is 15 monthsss as per section 210..

but in reality no accounts hav been made till now and noo filing with ROC...wat the c.a shud doo?

Prepare accounts accordingly...and make necessary filing with ROC

need to give this suggestion to c.a... sooo i shud tell him to prepare the accounts as on july 2009 (15 months from april 2008)....and then now file the annual filing forms rite????

m i rite?

Exactly.......... make the necessary filling with late fees...

alrite....

thaks a lot yaa

Its my Pleasure..........

Thanks to all for participating in disscussion.

thank u to all ,we got good information..

but if there is defered reven expenditure it should be written off.......... in the asset side of the balnce sheet.....

for every company this expenditure will be ..............