Mely Bhd commenced their business on 1 April 2021 and prepared its first set of accounts to 30 June 2022 and to that date for subsequent years. On 1 September 2023, the company decided to change its accounting year end to 31 March 2024 Determine the basis periods for Diamond Bhd’s business for the relevant years of assessment

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Mely Bhd commenced their business on 1 April 2021 and prepared its first set of accounts to 30 June 2022 and to that date for subsequent years. On 1 September 2023, the company decided to change its accounting year end to 31 March 2024

Determine the basis periods for Diamond Bhd’s business for the relevant years of assessment

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