Certification Course on Practical Filing of Income Tax Returns
pls can someone tell me about the current banking provision for non performing assets for applicable for may attempt
Provision for NPA's as considered in Prob No.15 of RTP of accounts for May 10
Standard Assets 0.40%
Sub-standard Assets 10 %
Doubtful Assets not covered by 100%
security
Doubtful Assets covered by security:
for 1 year 20 %
for 3 years 30 %
for 4 years 100%
Loss Assets 100 %
I attached RTP for reference..
Agree with Kranthi
IMPORTANT FOR IPCC & PCC COST FM https://www.caclubindia.com/forum/important-suggestions-for-pcc-and-ipcc-students-for-cost-fm-86353.asp
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