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First financial year

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(Querist)
04 July 2014 In case a company is incorporated in February 2014. what will be its first financial year 31-03-2014 or 31-03-2015?
Kindly clarify.
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04 July 2014 you can close that on 31.03.2015 also dear.... and have the accounts for 14 months.....

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