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    <title>Financial year as uniform accounting year - Removal of difficulties faced by companies during transitional previous year relevant for assessment year 1989-90 and also in subsequent years</title>
    <link>https://www.taxtmi.com/circulars?id=11009</link>
    <description>The introduction of a uniform accounting year requires companies to adopt a common year ending 31 March for assessment purposes; companies closing accounts on 31 March must ensure their financial year does not exceed eighteen months. Companies may seek Registrar authorisations for extension of time to hold the annual general meeting and/or permission to extend the financial year under the relevant provisos of the Companies Act, 1956, within the Act&#039;s limits, and Registrars have been instructed to process such requests.</description>
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    <pubDate>Wed, 08 Jun 1988 00:00:00 +0530</pubDate>
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      <title>Financial year as uniform accounting year - Removal of difficulties faced by companies during transitional previous year relevant for assessment year 1989-90 and also in subsequent years</title>
      <link>https://www.taxtmi.com/circulars?id=11009</link>
      <description>The introduction of a uniform accounting year requires companies to adopt a common year ending 31 March for assessment purposes; companies closing accounts on 31 March must ensure their financial year does not exceed eighteen months. Companies may seek Registrar authorisations for extension of time to hold the annual general meeting and/or permission to extend the financial year under the relevant provisos of the Companies Act, 1956, within the Act&#039;s limits, and Registrars have been instructed to process such requests.</description>
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      <pubDate>Wed, 08 Jun 1988 00:00:00 +0530</pubDate>
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