https://www.taxtmi.com/article/detailed?id=5352 Section 131 permits directors to prepare a revised financial statement or revised Board's report for any of the three preceding years if those documents do not comply with statutory requirements, subject to prior Tribunal approval, notice to the Central Government and income tax authorities, filing of the Tribunal's order with the Registrar, confinement of revisions to necessary corrections and consequential alterations where prior documents were circulated, a once per year filing limit, and disclosure of detailed reasons in the Board's report; rules to implement procedures and auditor functions are to be prescribed. en-us Fri, 15 Nov 2013 14:34:57 +0530 Fri, 15 Nov 2013 14:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5352 Section 131 permits directors to prepare a revised financial statement or revised Board's report for any of the three preceding years if those documents do not comply with statutory requirements, subject to prior Tribunal approval, notice to the Central Government and income tax authorities, filing of the Tribunal's order with the Registrar, confinement of revisions to necessary corrections and consequential alterations where prior documents were circulated, a once per year filing limit, and disclosure of detailed reasons in the Board's report; rules to implement procedures and auditor functions are to be prescribed. Articles Corporate Laws / IBC / SEBI Fri, 15 Nov 2013 14:34:57 +0530 https://www.taxtmi.com/article/detailed?id=5352