Applicability of 143 (3)(i) of companies act 2013

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akanksha (Querist)
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24 December 2014 do section 143 (3)(I) of companies act 2013 applicable for all type of companies? n it is applicable for 1 april 2014 onwards?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 December 2014 the ans is yes...................but now it has deferred to 31.3.2015

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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24 December 2014 Reporting on Internal Financial Control u/s 143 (3) (i) of the Companies Act, 2013 has been deferred for one year i.e., up to 31.03.2015. The auditor shall report on the existence of adequate internal financial control and its operational effectiveness for the financial years on or after 01.04.2015.The auditor may voluntarily report for the year from 01.04.2014 to 31.03.2015.

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