As per RBI notification, receipt and payment account is only required in case of Branch Office and Liaison Office. So R&P is not applicable on Project office. Although as per companies Act, cash flow is applicable on every company except opc and small company. Therefore, is cash flow applicable on Project Office?
Applicability of cash flow statement on a Project office in India
Utkarsh pandey (1 Points)
02 September 2022
CAclubindia
