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contingent laiblity.

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2011 what is the meaning of this footnote to balance sheet "estimated amount of contracts remaning to be excuted on capital account and not provided for" .
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
09 January 2011 This is a capital committment, means work awarded but pending for execution.

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