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Voluntary revision of Financial Statement

Home » Questions » Voluntary revision of Financial Statement

0 Vote Up Vote Down

smit sachdev asked 3 years ago

Can Company do voluntary revision of two different F.Y. i.e. 2013-14 & 2014-15 statements in the same one year

or only one F.Y. statement can be revised once in a year.

Question Tags: Section 131

1 Answers

0 Vote Up Vote Down

Ravi Staff answered 3 years ago

They can revise past either one or all three of the past financial statements
but such revision should be done only once in current financial year
so while revision either only one year or 2 years or all three years can be revised

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