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    change in the format of Directors report of 2022 under amended Schedule III of the Companies Act, 2013

    Posted By : SHALU / Published on : 17-Oct-2022 05:48 AM / View : 600 / Comment : 0

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    Under amended Schedule III of the Companies Act, 2013 the Depending upon the Total Income of the company, the figures appearing in the Financial Statements 10[shall] be rounded off to the nearest hundreds, thousands, lakhs or millions or decimals thereof.

    Query:

    Whether the financials to be reported in the Directors report shall also be rounded off in the same manner as above or it can be shown absolute number i.e. without roundiing off.The company is a small co with a turnover of 95 lacs.

    Is there any change in the format of Directors report of 2022 due to change OR amended Schedule III of the Companies Act, 2013
    Read more on : amended schedule companies under format directors report change

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