Dear sir
I want to know what will we consider NPA amount if Loan sanctioned for rs 410000, loan Liability outstanding 230957, Overdue Amount 29000 and Monthly EMI is 9172..
Trilok Thakur (student) (25 Points)
08 January 2015Dear sir
I want to know what will we consider NPA amount if Loan sanctioned for rs 410000, loan Liability outstanding 230957, Overdue Amount 29000 and Monthly EMI is 9172..
sathianarayanan.t
(chartered accountant)
(267 Points)
Replied 08 January 2015
If an account becomes NPA, the whole outstanding amount should be classified as NPA and the overdue amount is irrelevant.
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