Revised schedule - vi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2012
where to enter deposits in revised schedules- vi
CA Kishore Tallam
(Expert)
14 April 2012
What kind of deposit? Whether they are realisable within 1 year from reporting date or not?
Ajay Mishra
(Expert)
14 April 2012
Hi
It will cover under long term borrowing and short term borrowing under the head of Current Liabilities or Non Current Liabilities under revised Schedule VI.
The nature of deposit will depend on time period and maturity.
Regards
It will cover under long term borrowing and short term borrowing under the head of Current Liabilities or Non Current Liabilities under revised Schedule VI.
The nature of deposit will depend on time period and maturity.
Regards
Guest
Guest
(Expert)
14 April 2012
Deposits, i assume in ur case, is paid by you. It will come under loans and advances as current or non current depending on the realisation.
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