Please tell me treatment of Long Term Loans and Advances given / taken. in Cash Flow as per AS-3
Its Urgent ????????????????
Menu
As 3
Replies (4)
It should be reflected in financing activities
Santosh please clarify from whom you are taking loans.
Financing Activities.
Operating Activities if you're the business of Financing.
Sachin Sir, how does the person from whom the loan is being taken/given to matter in a Cash Flow Statement? It may be disclosed separately but wouldn't it still come under the above-mentioned heads?
In case of receipt of loans:
Loan taken from the financial institutions is classified under financing activities.
Loan taken from subsidiaries/ joint ventures/ associates is classified under investing activities.
In case of giving of loans:
Loan given to subsidiaries/ joint ventures/ associates is classified under investing activities.
thanks
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
