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Group Company Loan

This query is : Resolved 
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(Querist)
26 July 2020 Request you to kindly inform where should be grouped in the financial statement - if loan received group company as - "Inter Group Company Deposit" {ICD).

either should group under borrowing from bank - working capital loan and above said
Or
either should group under financial liabilities.
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
09 August 2020 it should be considered as Current Liabilities
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Arun Iyer

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Arun Iyer (Querist)
07 September 2020 Thanks for your reply
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