https://www.taxtmi.com/circulars?id=10863 Deemed public company status under the turnover criterion is determined by the company's accounting years and the availability of those accounts to the board, not by procedural formalities such as audited statements or holding an annual general meeting; the definition of financial year applies only where context permits, and the test is whether the board can ascertain from the accounts of the relevant accounting years that the turnover requirement is met. en-us Tue, 09 Sep 1975 00:00:00 +0530 Fri, 17 Jun 2011 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10863 Deemed public company status under the turnover criterion is determined by the company's accounting years and the availability of those accounts to the board, not by procedural formalities such as audited statements or holding an annual general meeting; the definition of financial year applies only where context permits, and the test is whether the board can ascertain from the accounts of the relevant accounting years that the turnover requirement is met. Circulars Companies Law Tue, 09 Sep 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10863