As-11 urgent
Querist : Anonymous
if there is a provision for the same than what are the requirements for the same.
Querist : Anonymous
because it is written in revise schedule 6 that if there is any diffrence between schedule 6 and AS/Companies Act then AS/Companies Act prevails.
so now can we still capitalize the loss on A/c of term loan due to Forex rates in FY 11-12.
Querist : Anonymous
Querist : Anonymous
Querist : Anonymous
even the year will do.
As per Companies As Amendment rules, this provision will not be extended beyond March 31, 2012. Hence, this provision is no more in force.
Querist : Anonymous
thank u...
Cut off date is 31/3/2020. Please see notification in http://mca.gov.in/Ministry/notification/pdf/Companies_Amendment_GSR_913E_2011.pdf
Agree with u. Thanks for the information. It is till March 31, 2020. This prevails over AS 11.
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