Quality of XBRL filing certified by Professional members

Filing done are inadequate and do not adequately represent true and fair view of state of affairs of the company as per Section 211 of Companies Act, 1956. Such XBRL filings, apart from being misleading, also dilute the effectiveness of XBRL for stakeholders’ usage relating to the companies. It is unfortunate that professionals have certified the authenticity of such incorrect data, for which they are liable to be penalized.

To view the full text of circular, please follow the link

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