A Simple Key For 2013 cash Unveiled

A Simple Key For 2013 cash Unveiled

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Presented also that in the event of a Specified IFSC community firm, and that is a subsidiary of a international company, the monetary yr of your subsidiary could possibly be similar given that the fiscal calendar year of its holding business and acceptance on the Tribunal shall not be essential.

(vii) Time period and amount of money of continuous default as on the equilibrium sheet date in repayment of loans and curiosity, shall be specified separately in Each individual scenario.

(g) shares in the company held by Each and every shareholder Keeping in excess of 5 for every cent. shares specifying the quantity of shares held;

(III) day and number of assurance, stability or perhaps the like offered to or on behalf of the final word Beneficiaries

The next aspects relating to micro, tiny and medium enterprises shall be disclosed while in the notes:-

IX. Financial institution deposits with greater than twelve months maturity shall be disclosed underneath ‘Other financial property’;

G. The presentation of liabilities linked to team of assets categorised as held on the market and non-present-day belongings categorised as held on the market shall be in accordance With all the appropriate Indian Accounting Requirements (Ind ASs).

(III) day and volume of guarantee, security or more info maybe the like provided to or on behalf of the last word Beneficiaries

(II) date and quantity of fund further more Highly developed or loaned or invested by this sort of Intermediaries to other intermediaries or Final Beneficiaries alongwith complete details of the final word beneficiaries.

1. Wherever a company is needed to get ready Consolidated Money Statements, i.e., consolidated equilibrium sheet and consolidated statement of earnings and reduction, the corporate shall mutatis mutandis follow the necessities of the Routine as applicable to a company in the preparation of balance sheet and assertion of income and reduction.

seven. When a business applies an accounting policy retrospectively or tends to make a restatement of items during the economical statements or when it reclassifies goods in its fiscal statements, the business shall attach to the Harmony Sheet, a “Stability Sheet” as at the start of the earliest comparative period of time presented.

Provided also that the fiscal statements shall not be dealt with as not disclosing a real and reasonable see in the state of affairs of the company, just by rationale of The reality that they don't disclose—-

two(54) Managing Director suggests a director who, by virtue of the article content of a firm or an arrangement with the business or perhaps a resolution handed in its general Assembly, or by its Board of Administrators, is entrusted with significant powers of administration from the affairs of the corporate and includes a director occupying the situation of handling director, by regardless of what name named.

(iii) A reserve specifically represented by earmarked investments shall disclose The truth that it's so represented; disclose the fact that it is so represented;