alteration of bal sheet after approval

 Hi 

Legally, you cannot alter the balance sheet after it is approved by the shareholders. Infact any figures is wrong in the Balance sheet, then your directors are criminally liable for wrong statements in the Balance Sheet.

 thanks for ur rply. They say that it is only regrouping of expenses and to this effect a note has been given in the notes to accounts.

However , I find that  the total income of 2007 has been reduced as per 2008-2009 annual report

Dear Ms. Neetu

At the time of approval of balance sheet and profit and loss account, if there was no mistake in the said  account  but after filing Form 23AC and Form 23ACA with concerned ROC you  discover that the information given in the above form in incorrect then you can file Revised Form 23AC and Form 23ACA   with correct information with concern ROC of the details as approvrd by the Board. 

Regards