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Company act 2013

This query is : Resolved 
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(Querist)
19 August 2016 wrong eps is calculated in profit and loss account . what is the penalty ????
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Rohit A Kadam

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Rohit A Kadam (Expert)
19 August 2016 It is a wrong information and I am sure there is no intentional misrepresentation here. This though does not impact the financial statements, but is relevant for investors to take investment decision. I dont think there will be any penalty levied here as it is only a mistake and not fraud or misrepresentation in its true sense.
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CA. KARAN YADAV

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CA. KARAN YADAV (Querist)
22 August 2016 now what i have to do
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Rohit A Kadam

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Rohit A Kadam (Expert)
22 August 2016 You can correct and resubmit the P&L
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