Can a company registered under section 25 of the companies act follow cash basis of accountinmg? Is there any exception to section 209 of companies act regarding accrual basis
GAUTAM SHARMA (Audit Assistant) (353 Points)
04 June 2013Can a company registered under section 25 of the companies act follow cash basis of accountinmg? Is there any exception to section 209 of companies act regarding accrual basis
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 04 June 2013
No.
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