Suppose, a monochromatic light source is undergoing uniform circular motion, and the observer is at the center of the circle. When the velocity of the source is perpendicular to the line joining the source and the observer, the observed frequency is $n_0\sqrt{1-\frac{u^2}{c^2}}$, where $u$ (constant) is the speed of the source with respect to the observer, and $n_0$ is the rest frequency of the source.
However, in this case, the source is accelerating, so rules of special relativity are not applicable. Is the observed frequency same as the above formula? If so, why?
If not, how to derive the correct formula?