CASH FLOW APPLICABILITY

SUNIL SULTANIA (5 Points)

14 August 2021  

Dear Sir, 

I have a query regarding applicability of CASH FLOW STATEMENT in case of Pvt. Ltd. Company and Proprietorship concern. 

What is threshhold limit ?

Query : Pvt. Ltd. Company having Paid Up Capital Rs. 10 Lac.

            And Turnover in FY 19-20 Rs. 17 CR.

Is Cash Flow Statement is mandatory to be prepared in this situation ?