SUNIL SULTANIA (5 Points)
14 August 2021Dear Sir,
I have a query regarding applicability of CASH FLOW STATEMENT in case of Pvt. Ltd. Company and Proprietorship concern.
What is threshhold limit ?
Query : Pvt. Ltd. Company having Paid Up Capital Rs. 10 Lac.
And Turnover in FY 19-20 Rs. 17 CR.
Is Cash Flow Statement is mandatory to be prepared in this situation ?
CS Divesh Goyal
(Practicing Compnay Secretary)
(50845 Points)
Replied 16 August 2021
Private Company if Non Small need to prepare cash flow statement.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50845 Points)
Replied 16 August 2021
Prop no need to prepare cash flow statement.
SUNIL SULTANIA
(5 Points)
Replied 16 August 2021
Dear Sir whether my company (As per above stated figure) is covered under small company definition or not for FY 20-21 ?
Chirag
(Professional)
(1979 Points)
Replied 17 August 2021
CAclubindia
