Accounting year for Liaison Office
Manish Kumar Singh (Proprietor ) (26 Points)
09 July 2011Manish Kumar Singh (Proprietor ) (26 Points)
09 July 2011
Palash Gupta
(Student...Hoping to pass Inter)
(892 Points)
Replied 09 July 2011
Dear Manish
The Liasion Office of your company should close its annual accounts on 31st March 2010 which is being followed in India.
Manish Kumar Singh
(Proprietor )
(26 Points)
Replied 13 July 2011
Is it specified at any where that liaison office should close it's account at 31st March.
Palash Gupta
(Student...Hoping to pass Inter)
(892 Points)
Replied 14 July 2011
Right now i can't quote the reference for this but closing the accounts on 31st March is general practice in India .