caalley logo

The alley for Indian Chartered Accountants

Advertisement - Tax Litigation Software

MCA Clarification

26-09-2022

CLARIFICATION

Amendment to Schedule III to the Companies Act, 2013 vide MCA Notification GSR. 207(E) dated 24th March 2021 mandates companies to round off the figures appearing in the Financial Statements depending upon their total income. However, if the companies provide absolute figures in e-forms ie. AOC-4, the same shall not be treated as incorrect certification by the Professionals.

Read more on:
Don't miss an update!
Subscribe to our newsletter