Does ifc reporting mandatory for section 8 companies for fy-2015-16?

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Does IFC reporting mandatory for section 8 companies for FY-2015-16? If yes then why, If no then also give explanation.
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Yes, it is mandatory for  all companies as provided u/s 143(3)(i).   No exemption has  been given to Sec.8 companies.

 

Sir can you please elaborate the IFC means what is it amnd why all it is required and what is the relevance of the same in context to companies

Sir can you please elaborate the IFC means what is it amnd why all it is required and what is the relevance of the same in context to companies

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