NEHA DUGGALNEHA DUGGAL asked 12 months ago

Is the Guidance Note on IFC over FINANCIAL REPORTING applicable to OPC & SMALL COMPANY ? IS IT APPLICABLE ON BOTH standalone & consolidated financial statements ?

1 Answers
RaviRavi Staff answered 12 months ago

No IFCR Reporting to Private Company If
— OPC or Small Company
–Turnover < 50 Crores as per latest audited FST and Aggregate borrowing from Banks, FIs, Any Body Corporates during the FY < 25 Crores

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