cash basis of accounting for companies under Co's.Act1956

This query is : Resolved 

04 October 2009 As per sec.209 of Companies Act,1956, all the companies registered under this act must maintain books of accounts on accrual basis, but still is there any provision for maintaing books of accounts on cash basis in certain cases ? If yes, then please let me know the certain cases

04 October 2009 No, unless specifically exempted by Central government

04 October 2009 i agree with the above view.


05 October 2009 Agree with above experts

05 October 2009 Agree



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries