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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!

Question Posted / fabrizio.tinelli

Answers were Sorted based on User's Feedback



Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-..

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

Is This Answer Correct ?    1 Yes 0 No

Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-..

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

Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-..

Answer / sanjeev

yes its right accourding to the suitation of the company...

Is This Answer Correct ?    0 Yes 1 No

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