As defined in the Act, the financial year of a company ordinarily ends on the ___ of each year:
A1st April
B30th June
C31st March
D31st December
Answer & Solution
Correct answer: C. 31st March
The financial year ordinarily ends on 31st March.
Related questions
Consolidated financial statements combine the financials of the parent and its:A company is required to constitute a CSR Committee of the Board if it falls within the __The persons primarily responsible for maintaining proper books of account and the company'A copy of the financial statements adopted at the AGM must be filed with the Registrar witA One Person Company and a small company are exempt from preparing the:Financial statements of a company are approved by the ___ before being signed and submitteThe activities that qualify as CSR are listed in:The format in which a company's balance sheet is to be prepared is prescribed in: