banner_ad

Balance sheet filed

230 views 2 replies
Our Company Commercial Production is Started on March 24th 2016 , But We would filed balance sheet with out P& L A/c . due to Loss with depreciation. is it possible?
Replies (2)

Yes. You can say sales turnover as zero and claim loss due to expenses such as depreciation etc. In your p&l. You will have to fill p&l for this. 

Thank you sir,

My company commercial production started on 24.03.2016. for  Rs. 1.50 lacs. But depreciation on assets is 27 lacs. So we r going to loss. It's very bad to submission of projections to bank. So how to avoid depreciation.  Pls give me answer. Is it chance to move to next financial year or depreciation divided to pre depreciation (under pre operative) and post depreciation (P&l)

Pls give ur reply


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details