What are the Statutory Provisions relating to the Transfer of Profits to Reserves? Answer: As per companies Act, 2013 there is no requirement of minimum transfer of profits to reserves. The company...
Dependent Branch: A branch which is dependent upon Head Office mainly for “Goods and Cash”. Books of accounts relating to such branch also will be maintained by Head Office. Features of Dependent...
i. Who will prepare the Consociated Financial Statement? As stated in Section 129 It is duty of the Parent Company (Management) to prepare the consolidated financial statement of the company and laid...