TMI BlogProfit and loss account - Rounding off figures in the Profit and Loss AccountX X X X Extracts X X X X X X X X Extracts X X X X ..... 003 Subject:- Profit and loss account - Rounding off figures in the Profit and Loss Account Attention is drawn to Notification No. G.S.R. 545(E) dated 1st August, 2002 whereby the figures in th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cation, the simplified procedure, as notified, may also apply to profit and loss accounts. Only then will it be of benefit to readers of these accounts, by being consistent across both the balance she ..... X X X X Extracts X X X X X X X X Extracts X X X X
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