Procedure to change the Accounting year

[trupti chavan]

Please provide the procedure to change the financial accounts year ending date from dec end to march end

--

 

TRUPTI C

 

Please consider the environment before printing this e-mail. Paper is made out of trees. Conserve, Reduce, Re-use, Renew and Recycle !

Thank you

“Good decisions come from experience, and experience comes from bad decisions.”

[Sanjay Singh]

Dear member,

just pass the board resolution...

Regard
Sanjay singh

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
 
Find eNewsletters of ICSI Mysore at: www.icsi.edu/NewsEvents/enewsletters/tabid/1757/Default.aspx
 
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

[trupti chavan]

Sir,

Do we need to file any Form with MCA?
and What is the procedure to Limited Company and Listed Company.

[Sanjay Singh]

Dear Member,

there is no requirement to file any form in this regard and procedure will be the same for all the companies

other Members' s views solicited

Regards.

Sanjay singh

[trupti chavan]

Please send me draft resolution to change the accounting year from December end to March end

[Sanjay Singh]

FORMAT OF BOARD RESOLUTION FOR CHANGE IN FINANCIAL YEAR:

 

"RESOLVED THAT pursuant to the provisions of Section 210 and other applicable provisions of the Companies Act, 1956 if any the financial year of the company starting from January 1, 2012 to December 31, 2012 (12 months) be and is hereby extended by additional three months comprising to 15 months period ending March 31, 2013.

 

RESOLVED FURTHER THAT the next financial year i.e. 2013-14 of the company shall be from 1st April 2013 to 31^st March, 2014 and thereafter same shall be followed.

 

RESOLVED FURTHER THAT Mr. AB, Director be and is hereby authorised to inform the stock exchange and to do all acts, deeds and things and to take all steps and give such directions as may be necessary that may arise in such manner as the Board in its absolute discretion may deem fit."

[trupti chavan]

Thanks Sir

[trupti chavan]

But Sir, How to intimate ROC of such change in Financial Year

[Trupti Shewale]

HI,

You need to inform this change to other authorities like Income Tax, SEBI (for Listed Co.), etc.

other Members' s views solicited

Regards,

Trupti Shewale

 Compliance Executive

A. N. Ramani & Co.,            MegaMinds

Company Secretaries                            Services Private Limited

101, Shubh Jyot CHS,           

Opp. Shraddha Farshan,

Ghantali Mandir Road, Ghantali,

Thane (W) - 400602 - Phone : 25342124

[santhosh kumar]

hi

there is no separate format or forms to intimate ROC.

while filing anual filings.  you need to attach the resolution

as per Income tax is concerned  you need to finalize the accounts as on year ending 31st March,

for ROC purpose the year ending will be different.

this is practical issue i faced last year.

regards

santhosh

CS.M.Santhoshkumar
"From the man who always has a Good heart ! "