Shraya (Practicing Company Secretary) (176 Points)
08 December 2014Dear All,
Financial year of a Company is 21/02/2013 to 31/03/2014 (as the Company is registered on 21-02-2013).
My question is, what would be previous FY in this case while filling Form 23 AC-23ACA?
Thanks in advance
Ankit
(Student)
(661 Points)
Replied 08 December 2014
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 08 December 2014
It will be from 21/2/2013 to 31/3/2014.
Pankaj
(Chartered Accountant)
(118 Points)
Replied 09 December 2014
Dear Ms. Shraya,
There should be ideally two financial PERIODS first from 21/02/2013 to 31/03/2013 and second from 01/04/2013 to 31/03/2014.
If the company has considered its first financial period for 13 months and 8 days as per Section 210 of the CA, 1956, then the period should be as rightly said by Agrawal sir i.e. from 21/02/2013 to 31/03/2014.
CAclubindia
