03 March 2012
In Form ODI we have mentioned the accounting year followed by WOS as Calendar Year i.e. 31st December though we are following 31st March as an accounting year for this WOS. We want to file form APR for the year ended 31st March but RBI objected saying Recorded Year is 31st Dec. we applied for condone for change in financial year but not got success. What remedies available to us as statutory auditor will not certify the form for year ended 31st dec.?????? Any statutory penalty If we does not file this form ???? Any other way to file this form???
03 March 2012
APR is to be filed within 3 months from closing of annual accounts of WOS. So why u want to file said form for year ended 31st march and i think there should not be any problem for auditor also. so just file it before 31st march. opinions are invited
CAclubindia
