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    <title>Amendment of Schedule III</title>
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    <description>Amendments require that companies be included within the option under rule 9A and extend the referenced assessment period from four to nine assessment years. For rule 12, asset values disclosed in a company&#039;s balance sheet are to be taken as values determined under applicable rules or, if none, under rule 20. Companies must have unquoted equity shares valued by their auditors, furnish an auditor&#039;s valuation certificate to the Assessing Officer and shareholders, and the auditors&#039; valuation must be used in shareholders&#039; assessments.</description>
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      <description>Amendments require that companies be included within the option under rule 9A and extend the referenced assessment period from four to nine assessment years. For rule 12, asset values disclosed in a company&#039;s balance sheet are to be taken as values determined under applicable rules or, if none, under rule 20. Companies must have unquoted equity shares valued by their auditors, furnish an auditor&#039;s valuation certificate to the Assessing Officer and shareholders, and the auditors&#039; valuation must be used in shareholders&#039; assessments.</description>
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