pls can someone tell me about the current banking provision for non performing assets for applicable for may attempt
3 Replies
Kranthi Kumar
(Industrial Trainee E & Y)
(46 Points)
Replied 01 May 2010
Provision for NPA's as considered in Prob No.15 of RTP of accounts for May 10
Standard Assets 0.40%
Sub-standard Assets 10 %
Doubtful Assets not covered by 100%
security
Doubtful Assets covered by security:
for 1 year 20 %
for 3 years 30 %
for 4 years 100%
Loss Assets 100 %
I attached RTP for reference..
Attached File : 15 26 advanced accounting.pdf downloaded: 263 times
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 07 June 2010
Agree with Kranthi
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 07 June 2010
IMPORTANT FOR IPCC & PCC COST FM https://www.caclubindia.com/forum/important-suggestions-for-pcc-and-ipcc-students-for-cost-fm-86353.asp
Recent Topics
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
Related Threads
CAclubindia
