Extension of financial year
This query is : Resolved
26 March 2012
Frdz,
Is e. Form 61 to be filed for extension of financial year from 12 to 15 months?
what is the procedure therein?
what will be the next financial year of the company?
will just a board resolution serve for the purpose?
Ref: 210(4) states that a financial year shall not exceed 15 months.
Is e. Form 61 to be filed for extension of financial year from 12 to 15 months?
what is the procedure therein?
what will be the next financial year of the company?
will just a board resolution serve for the purpose?
Ref: 210(4) states that a financial year shall not exceed 15 months.
02 April 2012
Dear Premjith,
In my view, its not required to file any form. A Board resolution adopting for accounts will be sufficient compliance of the Law.
The next financial year will start from end of 15th month and will be for next 15 months.
Also, as per sec 210, the financial year can go upto 18 months with special permission.
In my view, its not required to file any form. A Board resolution adopting for accounts will be sufficient compliance of the Law.
The next financial year will start from end of 15th month and will be for next 15 months.
Also, as per sec 210, the financial year can go upto 18 months with special permission.
25 June 2012
thanks dear..
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
