https://www.taxtmi.com/circulars?id=61058 For years lacking authentic exchange turnover figures, audited total turnover in the prescribed format will be accepted; absent such certificate, the average total turnover of the immediate two succeeding financial years for which the exchange has full data will be used. Members using the averaging method are not eligible for concessional fee rates requiring certified break ups. Exchanges and auditors must use the revised certification formats and certify that turnover under PSU bonds/government securities conforms to the circular's PSU definition; mutual fund units are excluded from concessional treatment. en-us Mon, 30 Sep 2002 00:00:00 +0530 Wed, 22 May 2019 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61058 For years lacking authentic exchange turnover figures, audited total turnover in the prescribed format will be accepted; absent such certificate, the average total turnover of the immediate two succeeding financial years for which the exchange has full data will be used. Members using the averaging method are not eligible for concessional fee rates requiring certified break ups. Exchanges and auditors must use the revised certification formats and certify that turnover under PSU bonds/government securities conforms to the circular's PSU definition; mutual fund units are excluded from concessional treatment. Circulars SEBI Mon, 30 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61058