https://www.taxtmi.com/circulars?id=11008 A uniform accounting year is being introduced under the Income tax Act amendment, requiring alignment of companies' accounting year end for statement of affairs; authorities are advised to grant extensions for annual general meetings under the second proviso to section 166(1) and permission to extend financial years under the proviso to section 210(4) of the Companies Act, 1956, liberally and only to the extent permissible, to enable compliance with the tax amendment. en-us Mon, 23 May 1988 00:00:00 +0530 Mon, 20 Jun 2011 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11008 A uniform accounting year is being introduced under the Income tax Act amendment, requiring alignment of companies' accounting year end for statement of affairs; authorities are advised to grant extensions for annual general meetings under the second proviso to section 166(1) and permission to extend financial years under the proviso to section 210(4) of the Companies Act, 1956, liberally and only to the extent permissible, to enable compliance with the tax amendment. Circulars Companies Law Mon, 23 May 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11008