ChirAg Jain (ARTICLE) (63 Points)
28 December 2011
CA Mayurika Patwari
(CHARTERED ACCOUNTANT)
(27 Points)
Replied 28 December 2011
yes it can be revised before it has been circulated to the memebers and the audit report must reflect the fact that it has been revised by means of an emphasis of matter paragraph. Further,revision after circulation to members is also possible if it is required for complying with the income tax law.
Lakshmi Devanand, FCA
(Proprietor -Lakshmi Devananda & Associates)
(106 Points)
Replied 29 December 2011
Hi
Further to Add Mayurika Patwari, kindly refer MCA Circular No.1/2003 for more details.
However, to conclude you can revise the financials as per the above circular.
Regards
Lakshmi Devanand, ACA
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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