Annual accounts disclosure requires categorical interest reporting to government, banks and others under the prescribed statement format. Annexure VI prescribes the format for the Annual Statement of Accounts and Records to accompany an entity's income and expenditure account, requiring discrete entries for interest to government, to banks, and to others, thereby establishing categories of interest that must be stated in annual accounts and supporting records.
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Provisions expressly mentioned in the judgment/order text.
Annual accounts disclosure requires categorical interest reporting to government, banks and others under the prescribed statement format.
Annexure VI prescribes the format for the Annual Statement of Accounts and Records to accompany an entity's income and expenditure account, requiring discrete entries for interest to government, to banks, and to others, thereby establishing categories of interest that must be stated in annual accounts and supporting records.
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