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A company is having its current financial year as January to December. Do the Company needs to take approval from authorities for changing and extending its financial year to 31st March. Please suggest.

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Posted By: Jasleen 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

yes you have to take approval from CLB but the Companies Act 2013 provides for certain transition period for changing the financial year

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