25 November 2008
Sir, AS 22 says that "Assets and liabilities to be netted off only when the enterprise has a legally enforceable right to set off and intends to settle on net basis." most of the companies have shown it as net. so it is legal in India? does company law say so? thanks
07 October 2009
Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.
07 October 2009
Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.
CAclubindia
