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!
Answers were Sorted based on User's Feedback
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 |
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...
| Is This Answer Correct ? | 0 Yes | 1 No |
Can u explain Invoice format in details?
what is the meaning of contra, give the example
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?
I had this interview in 09. The interviewer kept on asking this question. Why do you want to join JP Morgan chase? can any1 give me a good answer...???
2 Answers IBM, JPMorgan Chase,
Credit balance of suspense A/c will be shown in
What are direct and indirect taxes?
If A invested Rs.50000/- in F.D. & After maturity he got 56500/-. He added more Rs.43500/- in it & make F.D. for Rs.100000/- how i pass this entry. still bank has not credited 56500/- to A`s Account. please answer me
What is depreciation and how many types are there. Please give details?
what is Debtors & Creditors management
What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 on cash
if get the bill of rs.60000+service tax @10.3%.then how do the entry in bookes
Definition of push down accounting