+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4)
+--- Forum: Tax (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=8)
+--- Thread: Approval of Special Tax Year (/showthread.php?tid=8141)
Approval of Special Tax Year - sajid naveed khan - 06-10-2010
Dears, I wants to know that if a Company (Guarantee Limited) wants to go for Special tax Year
<i>u/s 74 (3) A person may apply, in writing, to the Commissioner to allow him to use a twelve monthsâ period, other than normal tax year, as special tax year and the Commissioner may, subject to sub-section (5), by an order, allow him to use such special tax year.</i>
whats the procedure for it and what documents required to be submitted along with application and how much time it normally takes for approval,
Thanks alot