AUDITOR
Posted By :
Aman /
Published on :
27-Dec-2018 07:01 AM /
View :
507 /
Comment :
1
A private company has been incorporated in February 2017. So FY for it is 21/02/2017-31/03/2018.But the issue is first auditor has filed ADT- 1 giving FY for audit as 21/02/17-31/03/18.Can he do the audit for actual FY.Irrespective of wrong ADT-1.
Kindly guide me?
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Dear Aman,
The First Financial Year will close on 31/03/2018 only.
Refer to Section 2(41).