A Ltd. is incorporated on 3rd January, 2023. As per the Companies Act, 2013, what will be the financial year for the company:

CA Intermediate · Corporate and Other Laws · MTP · January 2026
A Ltd. is incorporated on 3rd January, 2023. As per the Companies Act, 2013, what will be the financial year for the company:
(A) 31st March, 2023
(B) 31st December, 2023
(C) 31st March, 2024
(D) 30th September, 2024

Suggested Answer and Working Notes:

Correct Answer: Option (C)

31st March, 2024

Topics: Incorporation of Company and Matters Incidental Thereto

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