IndAS Classification of guarantee.
Chaitanyaa (Student) (166 Points)
28 December 2023In the same way if a company gives guarantee on behalf of another company ,whether or is afibacial liability or non financial liability.
Thnx.
Chaitanyaa (Student) (166 Points)
28 December 2023
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 28 December 2023
https://www.rbi.org.in/commonperson/English/Scripts/Notification.aspx?Id=318#:~:text=(i)%20As%20a%20general%20rule,due%20caution%20in%20the%20matter.
Both are contingent in nature