If a company ceases to be an associate company during the year as a means of reduction in the percentage of shareholding below 20%, then is it required to file AOC-4 CFS ?
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Preparation of aoc- 4 cfs
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The relationship of associate has to be checked as on closure of FY, i.e. March 31. If a company is associate as on March 31 thn AOC 4 CFS is to be filed despite the relationship cease to exit after closure of FY.
What if company is partner in partnership firm and by virtue of Accounting Standards, company has to consolidate the accounts.
AOC-4 requires to fill name of Subsidiary and CIN.
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