Does ifc reporting mandatory for section 8 companies for fy-2015-16?
CA Pinal Padhiyar (Chartered Accountant) (180 Points)
27 July 2016CA Pinal Padhiyar (Chartered Accountant) (180 Points)
27 July 2016
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 28 July 2016
Yes, it is mandatory for all companies as provided u/s 143(3)(i). No exemption has been given to Sec.8 companies.
CS MOHIT SALUJA
(PRACTICING CS Jalandhar 9914558709)
(5155 Points)
Replied 30 July 2016
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
CS MOHIT SALUJA
(PRACTICING CS Jalandhar 9914558709)
(5155 Points)
Replied 30 July 2016
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