Profit prior to incorporation

Accountancy

In case of date of certificate of incorporation and date of certificate of commencement is also given then which date should be considered for calculating time ratio?

Hrishikesh Ransing

CA Final

★ 4K+

14-Jun-22 09:36

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Answers (6)

Best Answer

Incorporation.

CA Suraj Lakhotia

Admin

14-Jun-22 09:43

Date of incorporation till date of of acquisition is time ratio .

Kiran Vijay

CA Final

★ 4K+

14-Jun-22 09:52

Date of incorporation is considered , as the date of commencement is not necessary for calculating the time ratio.

Avasarala Vivek Aditya

CA Inter

★ 6K+

14-Jun-22 10:07

Date of Incorporation

A B S Rukmini

CA Inter

★ 3K+

14-Jun-22 12:06

Date of incorporation

Shravana Prasad

CA Inter

★ 2K+

14-Jun-22 22:06

Avasarala Vivek Aditya

Date of incorporation is considered , as the date of commencement is not necessary for calculating the time ratio.

But in case of public company date of commencement is necessary

Shakshi chharang

CA Inter

★ 450

15-Jun-22 10:28