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of <h1>Entities Must Use FLAIR System to Revise Past FLA Returns; Approval Takes One Working Day.</h1> To revise a previous year's FLA Return, entities must log into the FLAIR system at the specified website. Navigate to the MENU tab, select ONLINE FLA FORM, and proceed to request approval for revising the FLA form for the desired year. After submitting the request, entities should wait at least one working day for approval from the RBI. The status of the request can be checked under 'Multiple Year Enable Screen' in the menu. Once approved, the entity can proceed with revising the FLA return for the current year.
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