https://www.taxtmi.com/circulars?id=10979 The amount of unprovided depreciation is to be treated as part of accumulated loss and therefore must be deducted from the aggregate of paid up share capital and free reserves, as shown in the latest audited balance sheet, when computing the limits up to which a non banking non financial company may accept deposits. en-us Wed, 02 Sep 1981 00:00:00 +0530 Mon, 20 Jun 2011 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10979 The amount of unprovided depreciation is to be treated as part of accumulated loss and therefore must be deducted from the aggregate of paid up share capital and free reserves, as shown in the latest audited balance sheet, when computing the limits up to which a non banking non financial company may accept deposits. Circulars Companies Law Wed, 02 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10979