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One Listed Company has extended its Financial Year by Six months i.e upto 30th September 2013, So under new act its next financial year will be from 1st October 2013 to 30th September 2014 or 1st April 2013 to 31st March 2014 or 1st October 2013 to 31st March 2014.

Accounts

Posted By: Kaushik d nahar 10 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

the Act provides transition period of 2 years for compliance of provision related to financial year, so the company can have next 12 months as its financial year

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