Is it possible to change the accounting period under Indian
GAAP from 1/Apr-31March to 1/January-31/December?
There is any restriction in doing that, i mean for example
for fisal purposes?
Thank you all!
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Answer / tapan
According to IT ACT you cannot change your Accounting Year but in case of ROC you can change the Accounting Period i,e 1st January to 31st December
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Answer / utpal bora
yes.i donot think there is any restriction in law.but is
very taff.
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / sanjeev
yes its right accourding to the suitation of the company...
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