A Simple Key For 2013 cash Unveiled

A Simple Key For 2013 cash Unveiled

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The business shall give specifics of any transaction not recorded inside the guides of accounts which has been surrendered or disclosed as revenue in the course of the year during the tax assessments under the Money Tax Act, 1961 (such as, look for or study or another applicable provisions on the Revenue Tax Act, 1961), Except if There's immunity for disclosure below any scheme as well as shall point out whether or not the Formerly unrecorded profits and linked property have already been properly recorded from the publications of account over the yr.;

(e) the rights, preferences and limitations attaching to each course of shares which includes restrictions over the distribution of dividends as well as the repayment of money;

These two oil fields will join a 3rd US super-giant oil field—the Permian Basin in Texas, which surpassed a million bpd back again in 2011—and come to be Component of an elite team of only ten oil fields globally to at any time create on the a million bpd stage.

and non-present investments do not have a worth on realisation within the regular training course of small business a minimum of equal to the quantity at which These are said, The truth that the Board of that feeling, shall be mentioned.

nine. In which any Act, Regulation, Pointers or Circulars issued from the relevant regulators on occasion necessitates unique disclosures to get built within the standalone economic statements of the NBFC, the reported disclosures shall be made Together with Individuals expected less than this Program.

two. The disclosure necessities specified in this Routine are In combination with rather than in substitution from the disclosure requirements laid out in the Accounting Specifications prescribed under the businesses Act, 2013. Further disclosures specified in the Accounting Criteria shall be designed inside the notes to accounts or by way of extra assertion Except if needed to be disclosed within the deal with in the Money Statements.

The Central Government may well, involve such course or classes of unlisted businesses, as might be prescribed,—

A reconciliation from the carrying quantities of Each individual course of property in the beginning and conclude of your reporting time period exhibiting additions, disposals, acquisitions through business combinations and check here various adjustments shall be disclosed separately.

) in the case of a corporation ruled by some other law In the meanwhile in force, any issues which are not needed to be disclosed by that legislation.

(j) conditions of any securities convertible into equity shares issued combined with the earliest day of conversion in descending get starting from the farthest such date;

The consolidation of economic statements of the organization shall be built in accordance With all the provisions of Program III on the Act plus the applicable accounting expectations:

(i) Profit or decline attributable to ‘non-controlling desire’ and to ‘homeowners in the mother or father’ during the statement of earnings and reduction shall be introduced as allocation to the interval. Even more, ‘total comprehensive income’ to the interval attributable to ‘non-controlling curiosity’ and also to ‘owners on the mother or father’ shall be offered during the assertion of income and decline as alloc at ion with the period of time.

(ii) offer any warranty, protection or the choose to or on behalf of the Ultimate Beneficiaries; the corporation shall disclose the next:-

Provided also that in case of a Specified IFSC personal company, that's a subsidiary of a international company, the money yr with the subsidiary might be similar because the economical 12 months of its Keeping business and acceptance of the Tribunal shall not be necessary.