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22 November 2013 X Ltd purchased a Car on 30.9.2012 for Rs. 50 lacs which was financed through ICICI Bank so the payment was made by ICICI Bank directly to Vendor on behalf of X Ltd.
What should be the treatment in Cash Flow Statement for the year 2012-2013?
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CA Himanshu Sharma

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CA Himanshu Sharma (Expert)
23 November 2013 Dear Rishabh

In cash flow simply your assets will increase in investing & other side in financing loan will increase

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