plzzzzzzzzzz help

764 views
User Avatar

CA Final
46 Points Posted on 25 October 2010

Is provision for tax financial liability or non financial liability as per AS-31 & why............

Reply Share Follow
On 25 October 2010 at 14:51 Report
Replies (4)
User Avatar

ACA B. Com AMFI NCFM NISM
327 Points Posted on 25 October 2010

Dear,

its Non-Financial Liability

Reply
On 25 October 2010 at 15:04
User Avatar

ACA B. Com AMFI NCFM NISM
327 Points Posted on 25 October 2010

Since Financial Liab means any contractual obligation to pay in cash or other similar assets like debtor, B/R etc.

Since there is no contractual obligation exist. therefore it is non- financial lib.

Reply
On 25 October 2010 at 15:08
User Avatar

CA Final
46 Points Posted on 27 October 2010

thanks rajendra

1 Reply
On 27 October 2010 at 16:09
User Avatar

Guest

Posted on 28 October 2010

Good Job Rajendra


I am with you

Reply
On 28 October 2010 at 10:54

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
  2. Advance for supply of goods
  3. Question for members: how do you manage client doc
  4. Clarification Required on Invoicing and Receipt of
  5. SEBI Registered VS NSDL Registered RTA
  6. Income tax or capital gain tax for Resident Indivi
  7. PCIT-1 Thane Email address
  8. CA Fees deduction for non audit case allowed?
  9. 5th Letter PAN Mismatch with Surname issues still
  10. Criteria to hire an article

More recent discussions | Post

Related Topics :

Loading