Date of filing of balance sheet and profit and loss accounts of companies with the Registrar of Companies in view of change in section 3 of the Income‑tax Act

Uniform accounting year requirement triggers filing deadline for companies to submit audited financial statements to the registrar.

Companies must adopt a uniform accounting year ending 31 March; prepare and audit accounts within six months and lay them before the annual general meeting; and file copies of balance sheet, profit and loss account, directors' report and auditors' report with the Registrar of Companies within 30 days. Companies are advised to file their accounts with the Registrar by 31 October 1992 to align these obligations with the uniform accounting year requirement.