https://www.taxtmi.com/notifications?id=127038 Amendments to Schedule III revise terminology and presentation-substituting "Property, Plant and Equipment" for "Fixed assets" and changing "shall" to "should"-and require classification of trade payables into dues of micro and small enterprises and other creditors with detailed MSME-related note disclosures. Receivables and loans must be sub-classified into secured, unsecured, significant increase in credit risk, and credit impaired. Division III prescribes comprehensive Ind AS-compliant financial statement formats, line items, reconciliation tables and note disclosures specific to NBFCs, including equity reserve descriptions and consolidation-related disclosures. en-us Thu, 11 Oct 2018 00:00:00 +0530 Mon, 22 Dec 2025 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127038 Amendments to Schedule III revise terminology and presentation-substituting "Property, Plant and Equipment" for "Fixed assets" and changing "shall" to "should"-and require classification of trade payables into dues of micro and small enterprises and other creditors with detailed MSME-related note disclosures. Receivables and loans must be sub-classified into secured, unsecured, significant increase in credit risk, and credit impaired. Division III prescribes comprehensive Ind AS-compliant financial statement formats, line items, reconciliation tables and note disclosures specific to NBFCs, including equity reserve descriptions and consolidation-related disclosures. Notifications Companies Law Thu, 11 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127038