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Mistake in filing of balance sheet

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 October 2012 A company has wrongly mentioned Face value of Share as Rs.10 instead of Rs.100 in Balance Sheet of previous 3-4 years....Now if we want to refile the balance sheet what are the penal provisions of it?
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Ajay Mishra

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Ajay Mishra (Expert)
15 October 2012 Hi


Yes, you can do so. File revised form for the same.
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