Current liabilities and provisions schedule outlines categories for reporting liabilities and provisions in annual accounts. Prescribes the format for reporting Current Liabilities and Provisions in the annual statement of accounts under the Investor Education and Protection Fund Authority Rules, 2018, itemising current liability categories (acceptances; sundry creditors; advances received; interest accrued on secured and unsecured borrowings; statutory liabilities; other current liabilities) to be totaled, and provision categories (taxation; gratuity; superannuation/pension; accumulated leave encashment; trade warranties/claims; others) to be totaled, with a combined liabilities and provisions total for disclosure.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Current liabilities and provisions schedule outlines categories for reporting liabilities and provisions in annual accounts.
Prescribes the format for reporting Current Liabilities and Provisions in the annual statement of accounts under the Investor Education and Protection Fund Authority Rules, 2018, itemising current liability categories (acceptances; sundry creditors; advances received; interest accrued on secured and unsecured borrowings; statutory liabilities; other current liabilities) to be totaled, and provision categories (taxation; gratuity; superannuation/pension; accumulated leave encashment; trade warranties/claims; others) to be totaled, with a combined liabilities and provisions total for disclosure.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
