03 January 2024
Sir I would like to clarify some doubt regarding Financials Presentation and E Forms for Annual Filing i.e. As per AS Financials should be presented in Hundreds, Thousands,.... But while Fill up the E Forms AOC 4 everything should be filled up in absolute rupees only (INR ) .No rounded off allowed . Then how will ROC Cross verify these things if we presented the amount in Hundreds but filled in INR ? Or Financials should be presented with complete digit like Rs.100000 may be disclosed as Rs.1000.00 in case Figures mentioned in Hundreds ? Kindly clarify the above
07 February 2024
But there was nothing clearly mentioned . Ambiguity is our law makers domain has been once again proved .That's all . If we round off and left the figures after . then the verifying officer will raise question regarding Non Compliance if we have not rounded off then it would be non compliance under companies act . What should we do finally?
CAclubindia
