Change in Financial Year

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Anil Khemka

Manager

36 Points Joined April 2009

If there is a change in financial from 12 months to 15 months, then what are the requirements so far SEBI and Incoem tax is concerened. Do I need to file anything with SEBI? Do I need to take shareholder's approval or only Board resolution is sufficient ?

Replies (1)

K.S.V.N.S.KAMESWARA RAO

Company Secretary in Practice

34 Points Joined February 2009

hai u can change finacial year to 15 months . if ur co is a public co then u should take shareholders approval. For incoe ta maters the accounting year is 1st April to next march.U should take steps to update master data of the Company in MCA portal.

svnskamesh @ gmail.com