Shubham Agarwal (Business) (138 Points)
21 January 2011In case of segment reporting (AS-17) by bank,Asset, Liabilties under the catogary of Other Banking Business are allocated to the wholesale and retail segment in the ratio of advances under respective segments,than why expenditure under Other Banking Business are reported under wholesale and retail segments in proportion to the (Advance + DEPOSIT) as per guideline of SBH ?
Karan Malhotra
(Auditor)
(66 Points)
Replied 22 January 2011
As per AS17, Segment assests are the assets which r directly attributable to a particular segment or may attributable on some reasonable basis.so as per my opinion mgmt is correct.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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