https://www.taxtmi.com/acts?id=20055 The Standard requires that loans be recognized when cash is disbursed, measured initially at historical cost and subsequently carried at carrying amount adjusted for disbursements, repayments and write-offs. Financial Statements must present a three-part disclosure: a summary (loanee group-wise and sector-wise), a detailed major/minor head-wise statement including arrears, and additional disclosures covering fresh loans, loans in perpetuity and loans with unsettled terms; interest in arrears is disclosed separately and not added to closing balances. en-us Sat, 12 Sep 2015 12:43:18 +0530 Tue, 11 Jun 2024 12:07:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20055 The Standard requires that loans be recognized when cash is disbursed, measured initially at historical cost and subsequently carried at carrying amount adjusted for disbursements, repayments and write-offs. Financial Statements must present a three-part disclosure: a summary (loanee group-wise and sector-wise), a detailed major/minor head-wise statement including arrears, and additional disclosures covering fresh loans, loans in perpetuity and loans with unsettled terms; interest in arrears is disclosed separately and not added to closing balances. Act-Rules Companies Law Sat, 12 Sep 2015 12:43:18 +0530 https://www.taxtmi.com/acts?id=20055