New Accounting Software Requirement Extended to Next Financial Year

Businessperson Calculating Invoice
Close-up Of A Businessperson’s Hand Calculating Invoice At Workplace

Ministry of Corporate Affairs (MCA) has issued a notification namely Company (Accounts) Second Amendment Rules, 2021. According to which, it has extended new accounting software requirement to the next financial year (1st April, 2022).

However, earlier issued notification mandated the requirement from 1st April, 2021.

 

New Accounting

 

Click here for official notification:


Knowledge Source:
SEBI Slaps Rs 1.75 Crore Fine Over GDR Manipulation

Leave a Reply

Your email address will not be published. Required fields are marked *