Financial year for new company
This query is : Resolved
10 September 2015
COMPANY INCORPORTED IN M/O 1 FEB 2015 . WETHER THE COMANY IS REQUREID TO MAKE FINAICALS FOR THE YEAR 2014-15 FOR TWO MONTHS OR IT CAN MAKE FIANCIAL IN THE YEAR 205-16 FOR 14 MONTH. PLEASE SUGGEST.
11 September 2015
NO
Financial year for the company incorporated on or after 1st January of a year means the period ending on 31st day of march of the following year.
In your case Company is incorporated on Feb 2015, financial year will end on 31/03/2016
Financial year for the company incorporated on or after 1st January of a year means the period ending on 31st day of march of the following year.
In your case Company is incorporated on Feb 2015, financial year will end on 31/03/2016
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