Fy of a new company

Others 443 views 2 replies

CA Final CS Professional

501 Points Joined August 2010

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)

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

223 Points Joined May 2011

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 .

CA Final CS Professional

501 Points Joined August 2010

Thankyou sir..

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