The Ministry of Corporate Affairs (MCA) issued Notification G.S.R. 207(E) dated March 24, 2021 amending Schedule III to the Companies Act 2013 for Financial Year commencing on or after April 1, 2021, which incorporates various additional disclosures primarily aimed at aligning with CARO 2020. Pursuant to the same, the ICAI also revised Guidance Notes on Divisions I, II and III.

This presentation is aimed at highlighting the changes in Schedule III for reference of fellow members.

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