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Applicabiliity of ifc under 143(3)(i) companies act 2013

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(Querist)
02 July 2016 In case of a Private Company with NIL Income but having administrative expenses incurred during the Financial Year, Does the preparation of the report as mentioned in the subject becomes applicable?
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RICHA KUMAR

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RICHA KUMAR (Expert)
02 July 2016 yes whether the company has NIL income or expenses, the Auditors report is required to be prepared upon

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