https://www.taxtmi.com/notifications?id=117107 The amendment adds provisos to rule 6: consolidation obligations do not apply to consolidated financial statements prepared by an intermediate wholly owned subsidiary unless its immediate parent is incorporated outside India; and, subject to other law or regulation, companies without subsidiaries but with associates or joint ventures are exempt from consolidating those associates or joint ventures for the transitional financial year following commencement of the Act. en-us Tue, 14 Oct 2014 00:00:00 +0530 Thu, 30 Oct 2014 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117107 The amendment adds provisos to rule 6: consolidation obligations do not apply to consolidated financial statements prepared by an intermediate wholly owned subsidiary unless its immediate parent is incorporated outside India; and, subject to other law or regulation, companies without subsidiaries but with associates or joint ventures are exempt from consolidating those associates or joint ventures for the transitional financial year following commencement of the Act. Notifications Companies Law Tue, 14 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117107