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Fy of a new company

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Amit Kumar Verma

CA Final CS Professional

325 Points Posted on 30 January 2012

Hi Friends..

A Public Limited Company is incorporated on 10-03-2011 and received its Certificate of Commencement of Business dated 18-03-2011.

Now my question is that on which date the F.Y. will begin for the company.

Will it be from 10-03-2011 to 31-03-2011

18-03-2011 to 31-03-2011.

Thanks in advance.

Replies (2)

Keval Ponkiya

CA CS MBA(Fin.) M.Com. L.L.B.

268 Points Posted on 30 January 2012

Amit sir, in this case the financial year would start from 10-03-2011 as because co. is formed on this date or say it has its own existence .

Amit Kumar Verma

CA Final CS Professional

325 Points Posted on 31 January 2012

Thankyou sir..

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Fy of a new company

Amit Kumar Verma

Keval Ponkiya

Amit sir, in this case the financial year would start from 10-03-2011 as because co. is formed on this date or say it has its own existence .

Amit Kumar Verma

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Fy of a new company

Amit sir, in this case the financial year would start from 10-03-2011 as because co. is formed on this date or say it has its own existence .

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