https://www.taxtmi.com/circulars?id=9922 The circular clarifies that Notification No. G.S.R. 545(E) permitting rounding of figures in the balance sheet to specified denominations may, by implication, be applied to the profit and loss account as well, because both statements form the annual accounts under Schedule VI, and consistent application aids readers through uniform presentation. en-us Fri, 25 Apr 2003 00:00:00 +0530 Thu, 09 Jun 2011 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9922 The circular clarifies that Notification No. G.S.R. 545(E) permitting rounding of figures in the balance sheet to specified denominations may, by implication, be applied to the profit and loss account as well, because both statements form the annual accounts under Schedule VI, and consistent application aids readers through uniform presentation. Circulars Companies Law Fri, 25 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9922