Bank guarantee disclosure
This query is : Resolved
23 August 2013
Where to disclose bank guarantee in Revised Schedule VI?
23 August 2013
generally bank will give guarantee by holding fixed deposits with it so ,,
.
.
if it is the case fixed deposits which will realise with in one year can be disclosed under cash and cash equivalents and rest of deposits can be shown under other non-current assets
.
.
if it is the case fixed deposits which will realise with in one year can be disclosed under cash and cash equivalents and rest of deposits can be shown under other non-current assets
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