Companies Act

Companies engaged in defence production exempted from segment reporting-MCA Notification

Companies engaged in defence production exempted from segment reporting-MCA Notification

 

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 23rd February, 2018

S.O. 802(E).— In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) and subsection (2) of section 462 of the Companies Act, 2013 (18 of 2013), the Central Government, in the interest of public, hereby amends the notification of the Government of India in the Ministry of Corporate Affairs number G.S.R. 463(E) dated the 5th June, 2015 published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), dated the 5th June 2015 , namely:—

2. In the said notification, in the Table, for serial number 8 and entries relating thereto, the following serial number and entries shall be respectively substituted, namely:—

(1) (2) (3)
“8. Chapter IX, section 129. Shall not apply to the companies engaged in defence production to the extent of application of relevant Accounting Standard on segment reporting”.

[F. No. 1/2/2014-CL-V]

K.V.R. MURTY, Jt. Secy.

Note : The Principal Notification was published in the Gazette of India, Extra-ordinary, Part-II, Section-3, Sub-Section (i) vide G.S.R. 463(E) dated the 5th June, 2015 and was subsequently amended vide notification number G.S.R. 582 (E) dated 13th June, 2017.

Share

Recent Posts

  • Empanelment

FDCM invites application for empanelment of practising CAs/ Chartered Accountant Firms

Invitation For Empanelment Of Practising Chartered Accountants / Chartered Accountant Firms Forest Development Corporation of Maharashtra Limited (FDCM Limited), Nagpur,…

2 days ago
  • Empanelment

PGRI invites application for CAs for empanelment for Circulation Verification work

Press Registrar General of India (PGRI) invites application for empanelment of Chartered Accountants. The Press Registrar General of India manages…

2 days ago
  • Income Tax

CBDT notifies revised Form for registration as valuer & authorised income tax practitioner

CBDT notifies revised Form No. 169 for making application for registration as a valuer under section 514 and authorised income…

2 days ago
  • Income Tax

Curtailing time to file reply to notice u/s 148A(b) from 30 days prejudiced assessee’s right – HC

Curtailing time to file reply to notice u/s 148A(b) from statutorily available 30 days to 15 days seriously prejudiced assessee’s…

3 days ago
  • Income Tax

For registration u/s 12AB, applicability of proviso to section 2(15) can’t be adjudicated

At the stage of registration u/s 12AB, the CIT(E) not empowered to adjudicate applicability of provisio to section 2(15) of…

4 days ago
  • Income Tax

Flower bed area not included in “built up area” to calculate eligible limit u/s 80IB(10)

Flower bed area could not be included in the definition of “built up area” to calculate eligible limit of 1000…

5 days ago