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Tax queries 528 views 2 replies

hiii to all....

suppose a pvt ltd company has turnover equal to 650 crore.......what r the statutory obligation of pvt ltd company........

1.mean to ask other than TAX AUDIT,CASH FLOW STATEMENT,TDS LIABILITY ETC...

2.,wat information in notes to accounts to be shown.....

3.WAT ALL ACCOUNTING STANDARD TO BE TAKE CARE OF.....

ANY OTHER IMPORTANT THING TO BE TAKE CARE OF WHILE REPORTING .....

PLZ HELP...

Replies (2)

This may be basic but still see that a Company Secretary is appointed on full time basis............ Cheeeeeeeeeeeers...........

shushantsinghal, all AS Applicable.... the company is a non-SMC entity because the turnover has crossed 50 crores during the year....

See companies accounting standards Rules 2006.... Except AS 30, 31, 32 (yet to be notified), all the AS should be compied.

 

Regarding notes, 

I suggest you to google the financial statements of companies in the same industry.... You can see the segment reporting, consolidation etc....

 

Regards


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