Revised schedule - vi

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2012 where to enter deposits in revised schedules- vi

14 April 2012 What kind of deposit? Whether they are realisable within 1 year from reporting date or not?

14 April 2012 Hi


It will cover under long term borrowing and short term borrowing under the head of Current Liabilities or Non Current Liabilities under revised Schedule VI.

The nature of deposit will depend on time period and maturity.

Regards


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Guest (Expert)
14 April 2012 Deposits, i assume in ur case, is paid by you. It will come under loans and advances as current or non current depending on the realisation.



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