Small Company holding more than 20% shares in another non small company
This query is : Resolved
apaar1979#
(Querist)
16 September 2023
X company is a small company; however, it holds more than 20% shares of Y company which is not a Small Company, whehther the company X is required to prepare cash flow statement and CARO is applicble on company X.
21 January 2024
https://cleartax.in/s/caro-companies-auditors-report-order-2020
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