What can be the accounting period for the first year of a company.
If a company is incorporated on 01.07.2009, can i take the first year to be 01.07.2009 to 31.07.2010 and then the second year to be 01.08.2010 to 31.03.2011?
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First accounting period
Replies (2)
1.7.09 to 31.3.10
1.4.10 to 31.3.11
For tax purposes it shd be from 1.7.09 to 31.3.10
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