About 2013 cash
About 2013 cash
Blog Article
The corporation shall give specifics of any transaction not recorded in the books of accounts which has been surrendered or disclosed as money during the calendar year in the tax assessments beneath the Cash flow Tax Act, 1961 (for example, lookup or survey or another suitable provisions with the Revenue Tax Act, 1961), Unless of course there is immunity for disclosure underneath any scheme and also shall condition whether the Earlier unrecorded income and similar property happen to be thoroughly recorded in the textbooks of account in the calendar year.;
‘Long run debt’ is usually a borrowing using a duration of a lot more than twelve months at the time of origination.
(iv) period and degree of default as within the harmony sheet day in repayment of borrowings and fascination shall be specified separately in each scenario.
Where by the corporation included underneath part 135 of the businesses Act, the subsequent shall be disclosed with regards to CSR routines:-
4. A receivable shall be categorized like a ‘trade receivable’ whether it is in regard of the quantity due on account of goods bought or expert services rendered in the normal study course of business.
(iv) Debit equilibrium of Assertion of Profit and Loss shall be shown like a adverse determine beneath the head ‘retained earnings’.
) The provisions of the Act applicable into the preparation, adoption and audit with the monetary statements of the shall, mutatis mutandis, utilize towards the consolidated money statements referred to in sub-area (
Wherever an organization is usually a declared wilful defaulter by any lender or fiscal Establishment or other lender, adhering to aspects shall be presented:
In which any charges or satisfaction however being registered with ROC outside of the statutory time period, particulars and factors thereof shall be disclosed.
four. An entity shall disclose the listing of subsidiaries or associates or joint ventures which haven't been consolidated in the consolidated economical statements combined with the factors of not consolidating.
Take note: Remeasurment of described gain strategies and reasonable price alterations regarding very own credit risk of monetary liabilities specified at honest benefit by financial gain or loss shall be recognised as a Element of retained earnings with independent disclosure of this kind of merchandise alongwith the suitable amounts during the Notes or shall be proven as a individual column below Reserves and Surplus.
(a) the expression “important influence” indicates Charge of not less than 20 per cent. of total voting power, or Charge of or participation in organization decisions less than an arrangement;
Share application cash towards the extent not refundable shall be shown under the head Fairness and share application money into the extent refundable shall be individually revealed beneath ‘Other economical liabilities’.
(b) the level of interest compensated by the customer concerning section sixteen of the Micro, Small and Medium Enterprises Development Act, 2006, together with the amount of the payment made to the provider further than the appointed working day for click here the duration of Just about every accounting 12 months;