https://www.taxtmi.com/notifications?id=24785 IGAS 3 mandates recognition of loans as assets on actual disbursement, measurement at Historical Cost with subsequent presentation at carrying amount adjusted for disbursements, repayments and write-offs, and extensive three-part disclosure in Annual Finance Accounts showing opening and closing carrying amounts, separate reporting of interest in arrears, loanee group-wise and sector-wise summaries, detailed major/minor head schedules, and additional disclosures on fresh loans, loans in perpetuity and loans with unsettled terms. en-us Mon, 13 Feb 2012 00:00:00 +0530 Tue, 03 Apr 2012 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24785 IGAS 3 mandates recognition of loans as assets on actual disbursement, measurement at Historical Cost with subsequent presentation at carrying amount adjusted for disbursements, repayments and write-offs, and extensive three-part disclosure in Annual Finance Accounts showing opening and closing carrying amounts, separate reporting of interest in arrears, loanee group-wise and sector-wise summaries, detailed major/minor head schedules, and additional disclosures on fresh loans, loans in perpetuity and loans with unsettled terms. Notifications Companies Law Mon, 13 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24785