Considerations To Know About 2013 cash

Considerations To Know About 2013 cash

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The Company shall give details of any transaction not recorded within the books of accounts which has been surrendered or disclosed as money during the calendar year during the tax assessments beneath the Revenue Tax Act, 1961 (including, search or study or another suitable provisions on the Cash flow Tax Act, 1961), Except There may be immunity for disclosure beneath any plan and likewise shall condition whether or not the Earlier unrecorded money and connected belongings are appropriately recorded during the textbooks of account over the yr.;

Equally, the stability of “Reserves and Surplus”, just after modifying damaging balance of surplus, if any, shall be demonstrated beneath the head “Reserves and Surplus” even though the resulting determine is while in the damaging.

3. The disclosure specifications laid out in this Program are In combination with rather than in substitution on the disclosure needs laid out in the Indian Accounting Benchmarks. Added disclosures specified in the Indian Accounting Specifications shall be created within the Notes or Through more statement or statements Except required to be disclosed on the deal with in the Financial Statements.

(III) day and level of assurance, safety or maybe the like offered to or on behalf of the final word Beneficiaries

In the event that of Government Organization, Area 129 shall not use to firms engaged in defence generation into the extent of application of related Accounting Normal on segment reporting. Exemption notification dated 05.

(iv) Debit stability of Statement of Financial gain and Decline shall be revealed as being a damaging figure under the head ‘retained earnings’.

The Central Authorities may well, need these class or courses of unlisted providers, as could be prescribed,—

Where by a corporation is actually a declared wilful defaulter by any bank or economical Institution or other lender, pursuing details shall be supplied:

The place any prices or pleasure but to be registered with ROC further than the statutory interval, facts and motives thereof shall be disclosed.

(b) the level of fascination paid out by the buyer concerning segment sixteen with the Micro, Small and Medium Enterprises Advancement Act, 2006, combined with the degree of the payment created into the provider beyond the appointed day throughout Each individual accounting yr;

The consolidation of monetary statements of the organization shall be designed in accordance With all the provisions of Agenda III of the Act along with the relevant accounting benchmarks:

(f) Wherever you will find proceedings against the corporation under this law as an a greater of your transaction or as being the transferor then the details shall be supplied,

(II) date and degree of fund even further Innovative or loaned or invested other intermediaries or Greatest Beneficiaries alongwith complete information of the other intermediaries’ or top beneficiaries.

(b) to click here acquire approval in the Board of Directors and complete audit or confined evaluate of these types of periodical economical ends in this sort of manner as may very well be prescribed; and