Cash flow statement
This query is : Resolved
02 January 2016
Dear sir,
As per income tax act Cash flow statement is mandatory in annual statement.
Our manufacturing company (turnover Rs.25 crores)
Pl help me
As per income tax act Cash flow statement is mandatory in annual statement.
Our manufacturing company (turnover Rs.25 crores)
Pl help me
02 January 2016
It is mandatory because U/s 2(40) of the Companies Act 2013 cash flow statement has been included under the definition of Financial Statement. You may get guidance from your Boss or from the Auditors.
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02 January 2016
there is no mandation of cash flow under income tax. it is mandatory in company law only.
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