Disclosure of sbn

This query is : Resolved

CA V S K Rao (Querist)
Follow

28 September 2017 sir, whether cash withdrawn from bank and spent during 9th november and 30 th december is to be shown under permissable receipts and permissable payments under other denomination column

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

28 September 2017 not required. The disclosure is for SBN.......high denomination notes viz. 500 and 1000 notes

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

28 September 2017 Yes,.Inference - clause 6 X of 'General Instructions for preparation of Balance Sheet' of schedule III, division I,part I of Companies Act,2013.

Upgrade to CAclubindia Pro. Subscribe Now!