Cash flow statement


This query is : Resolved 

(Querist)
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

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.

02 January 2016 there is no mandation of cash flow under income tax. it is mandatory in company law only.


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