Current and non current asset
This query is : Resolved
23 June 2014
How does one treat long term loan and short term loan to directors.I
23 June 2014
It will b treated as Current Assets. Coz the company will earn interest from that advance.
24 June 2014
you can show as loan & advance under the current assets.
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
- LTCG EXEMPTION AND TAX APPLICABILITY
- ITR 3 VALIDATION
- Brokage income from sale and purchase of property
- EPF withdrawal before 5 years and Disclosure in ITR-2
- Error while validating
- Clarification on ITR 3: Is Sl. No. 64 required for 44ADA income?
- 44AD business and F&O loss
- Investment guidance for NRI
- E way Bill in two transits covered_Supplier to ist cistumer and ist customer to end customer
- Derivative loss
- Rule 54(1A) of C
- Accounting entry for instalment payments and gst obigations
- Purchase of Time Deposit in AIS
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Stamp Duty & Registration Fees on Sale Deed
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
