there co's business only give loan to other co..
and in old balance sheet some share and debenture stock available...
is applicalbe RSS on this co...
and on what is AS applicable on stock AS-2 or AS-13
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Is rss applicable on financial institution
Replies (1)
AS-2 not applies on shares, only AS-13 would be followed. Further, general framework applied if the co. is not covered in specific statutory framework requirement for Financial statements.
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