https://www.taxtmi.com/acts?id=35016 The amendment allows companies that are a holding company, subsidiary or associate of an entity incorporated outside India and required to follow a different financial year for consolidation abroad to apply to the Central Government for permission to adopt any period as their financial year, whether or not that period is a year; pending Tribunal applications at the commencement of the Act are to be disposed under pre-amendment provisions, and a drafting change replaces "Provided further that" with "Provided also that" in the second proviso of clause (41). en-us Mon, 14 Jan 2019 13:25:05 +0530 Fri, 02 Aug 2019 11:27:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35016 The amendment allows companies that are a holding company, subsidiary or associate of an entity incorporated outside India and required to follow a different financial year for consolidation abroad to apply to the Central Government for permission to adopt any period as their financial year, whether or not that period is a year; pending Tribunal applications at the commencement of the Act are to be disposed under pre-amendment provisions, and a drafting change replaces "Provided further that" with "Provided also that" in the second proviso of clause (41). Act-Rules F. Acts / Amendment Acts Mon, 14 Jan 2019 13:25:05 +0530 https://www.taxtmi.com/acts?id=35016