As 3 and nbfcs - urgent
This query is : Resolved
Sivaraman A R
(Querist)
01 August 2011
There is a Non-Deposit Accepting NBFC (Company).
Accounting Standard -3 Cash Flow Statement is applicable for Level 1 Enterprises only.
The company does not have the 50 crores turnover in the preceding Accounting period for applying AS3.
Is my NBFC a "Financial Institution" for getting applied AS-3.
What is "Financial Institution" for applying AS-3?
Accounting Standard -3 Cash Flow Statement is applicable for Level 1 Enterprises only.
The company does not have the 50 crores turnover in the preceding Accounting period for applying AS3.
Is my NBFC a "Financial Institution" for getting applied AS-3.
What is "Financial Institution" for applying AS-3?
Sivaraman A R
(Querist)
01 August 2011
Please someone answer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
