https://www.taxtmi.com/circulars?id=4932 Assessing officers should liberally permit taxpayers to change or extend their accounting year so the previous year relevant to the assessment year 1988 89 ends on 31 March 1988, under the statutory provision allowing change of previous year, provided the longer previous year does not cause any loss of revenue; officers must publicise this option to taxpayers and trade associations. en-us Thu, 04 Feb 1988 00:00:00 +0530 Mon, 04 Aug 2008 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4932 Assessing officers should liberally permit taxpayers to change or extend their accounting year so the previous year relevant to the assessment year 1988 89 ends on 31 March 1988, under the statutory provision allowing change of previous year, provided the longer previous year does not cause any loss of revenue; officers must publicise this option to taxpayers and trade associations. Circulars Income Tax Thu, 04 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4932