Please clarify my doubt
Karthik Karthik (studying) (22 Points)
13 November 2015Karthik Karthik (studying) (22 Points)
13 November 2015
AMBUJ SHARMA
(CHARTERED ACCOUNTANT)
(243 Points)
Replied 13 November 2015
it may be possible that company is under farmation stage. in this case there will be no trading profit or loss in trading a/c.
Ruchi
(CA)
(1410 Points)
Replied 22 November 2015
The company might not be carrying on any manufacturing or trading activity. So its possible. You dont need to shutdown the company.