We are an unlisted public limited company-exclusively owned and run by a family in India. We have a wholly owned subsidiary in Mauritius.
Our standalone accounts for FY 2023-24 are signed by PCA in September 2023. However, foreign subsidiary accounts (based on calendar year ending on 31.12.2023) was consolidated with our accounts in January 2024.
PCS flags an objection- as to how UDIN is generated after 2023-beyond the timeline for adoption of consolidated Financial Accounts.
How to fix this? Kindly guide.
CAclubindia
