Revised schedule - vi

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Querist : Anonymous

Querist : Anonymous (Querist)

14 April 2012 where to enter deposits in revised schedules- vi

CA Kishore Tallam

CA Kishore Tallam (Expert)
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14 April 2012 What kind of deposit? Whether they are realisable within 1 year from reporting date or not?

Ajay Mishra

Ajay Mishra (Expert)
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14 April 2012 Hi

It will cover under long term borrowing and short term borrowing under the head of Current Liabilities or Non Current Liabilities under revised Schedule VI.

The nature of deposit will depend on time period and maturity.

Regards

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Guest

Guest (Expert)

14 April 2012 Deposits, i assume in ur case, is paid by you. It will come under loans and advances as current or non current depending on the realisation.