New schedule vi

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 September 2013 Respected Experts
Is there any provision to place the long term loans of next one year payment in current liabilities in the next Schedule VI ?

10 September 2013 Yes, current maturities of all'long term borrowings' should be disclosed under 'other current liabilities'.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 September 2013 Thank You Sir ,
What about the interest components of the said loan ?

11 September 2013 It should be included in current maturities
.
.
in case of term loans and other loans whereever it is possible to identify current maturities it is to be classified as current maturities


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query