https://www.taxtmi.com/article/detailed?id=5381 Section 129 requires preparation and presentation of unified financial statements-including balance sheet, profit and loss account, cash flow statement, statement of changes in equity and notes-and mandates consolidated financial statements covering the company and its subsidiaries (with "subsidiary" including associates and joint ventures). Financial statements must give a true and fair view, comply with notified accounting standards and Schedule III formats, permit sectoral forms for certain regulated entities, and require disclosure of any deviation from accounting standards with reasons and financial effects; Central Government may grant exemptions. en-us Sat, 07 Dec 2013 08:06:44 +0530 Sat, 07 Dec 2013 08:06:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5381 Section 129 requires preparation and presentation of unified financial statements-including balance sheet, profit and loss account, cash flow statement, statement of changes in equity and notes-and mandates consolidated financial statements covering the company and its subsidiaries (with "subsidiary" including associates and joint ventures). Financial statements must give a true and fair view, comply with notified accounting standards and Schedule III formats, permit sectoral forms for certain regulated entities, and require disclosure of any deviation from accounting standards with reasons and financial effects; Central Government may grant exemptions. Articles Corporate Laws / IBC / SEBI Sat, 07 Dec 2013 08:06:44 +0530 https://www.taxtmi.com/article/detailed?id=5381