Annual accounts - Form and contents of –Corresponding figures for immediately preceding financial year given for each group head as a whole instead of for each item Whether sufficient compliance of the sub section

Annual accounts - Form and contents of –Corresponding figures for immediately preceding financial year given for each group head as a whole instead of for each item Whether sufficient compliance of the sub section https://www.taxtmi.com/circulars?id=10630 Where practical difficulties prevent restating every prior-year item, supplying corresponding figures for each group head as a whole with a suitable explanatory note is deemed sufficient compliance with the requirement to present prior-year comparatives, provided the aggregated figures fully incorporate the audited prior-year items so the comparative purpose of the disclosure is preserved. en-us Thu, 07 Mar 1957 00:00:00 +0530 Tue, 21 Jun 2011 13:58:00 +0530 TaxTMI RSS Generator Annual accounts - Form and contents of –Corresponding figures for immediately preceding financial year given for each group head as a whole instead of for each item Whether sufficient compliance of the sub section https://www.taxtmi.com/circulars?id=10630 Where practical difficulties prevent restating every prior-year item, supplying corresponding figures for each group head as a whole with a suitable explanatory note is deemed sufficient compliance with the requirement to present prior-year comparatives, provided the aggregated figures fully incorporate the audited prior-year items so the comparative purpose of the disclosure is preserved. Circulars Companies Law Thu, 07 Mar 1957 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10630