TaxTMI 
TaxTMI 
It is urgent query. Does IFC applicable to Private Limited Company which is SEZ Developers?
Applicability of Internal Finance Control (IFC)
25 Nov 2015 
3 Replies 
2538 Views Asked by
Internal finance control applicability to private SEZ developers remains contested; practitioner views diverge on requirement and timing.
Applicability of Internal Finance Control to a private limited company acting as an SEZ developer is questioned; respondents offered conflicting practitioner views: one that IFC is not required, another noting the query is outdated and no longer urgent, and a third noting that a time limit for compliance or determination has since been set. (AI Summary)
Applicability of Internal Finance Control to a private limited company acting as an SEZ developer is questioned; respondents offered conflicting practitioner views: one that IFC is not required, another noting the query is outdated and no longer urgent, and a third noting that a time limit for compliance or determination has since been set. (AI Summary)