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of <h1>Schedule XVII Details 'Other Income' Categorization for Annual Financial Statements Under 2018 Insolvency and Bankruptcy Rules</h1> The Insolvency and Bankruptcy Board of India (Form of Annual Statement of Accounts) Rules, 2018, Schedule XVII outlines the categorization of 'Other Income' for annual financial statements. It includes income from the sale or disposal of assets, distinguishing between owned assets and those acquired through grants or received free of cost. It also covers fees for miscellaneous services and other miscellaneous income. The schedule provides a format for reporting these income sources, with a comparison between the current and previous years. This schedule was introduced through a notification dated May 1, 2018.
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