In case where account closing period of the company is different from reference period (end-March), can we report the information as per account closing period?
Annual Return on FLA - Registration guidelines - General Instructions and Definitions - As on July 21, 2021
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Reference period reporting requires annual FLA returns to use the prescribed March reference period, not company year end. Reporting of the Annual Return on FLA must follow the prescribed reference period ending in March; companies with different account-closing dates cannot report using their own year-end. Information must be furnished for the previous March and the latest March, prepared on the basis of the company's internal assessment, as required by the FLA registration guidelines and general instructions.
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Provisions expressly mentioned in the judgment/order text.
Reference period reporting requires annual FLA returns to use the prescribed March reference period, not company year end.
Reporting of the Annual Return on FLA must follow the prescribed reference period ending in March; companies with different account-closing dates cannot report using their own year-end. Information must be furnished for the previous March and the latest March, prepared on the basis of the company's internal assessment, as required by the FLA registration guidelines and general instructions.
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