https://www.taxtmi.com/notifications?id=135361 Amendments to Schedule III (effective 1 April 2021) revise presentation and significantly expand disclosure requirements: replace "Turnover" with "Total Income"; relabel Tangible Assets as Property, Plant and Equipment and add Intangible Assets; revise Statement of Changes in Equity; recognise lease liabilities; require promoter shareholding disclosure; separate current maturities of long term borrowings; mandate ageing schedules for trade receivables and payables and disclosure of unbilled dues; require title deed details for immovable property not held in company name; require disclosures on revaluations by registered valuers, loans to promoters/directors/KMPs, use of borrowed funds and intermediary fund flows, benami property proceedings, struck off company transactions, wilful defaulter status, CSR, undisclosed income, and crypto currency holdings. en-us Wed, 24 Mar 2021 00:00:00 +0530 Thu, 01 Dec 2022 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135361 Amendments to Schedule III (effective 1 April 2021) revise presentation and significantly expand disclosure requirements: replace "Turnover" with "Total Income"; relabel Tangible Assets as Property, Plant and Equipment and add Intangible Assets; revise Statement of Changes in Equity; recognise lease liabilities; require promoter shareholding disclosure; separate current maturities of long term borrowings; mandate ageing schedules for trade receivables and payables and disclosure of unbilled dues; require title deed details for immovable property not held in company name; require disclosures on revaluations by registered valuers, loans to promoters/directors/KMPs, use of borrowed funds and intermediary fund flows, benami property proceedings, struck off company transactions, wilful defaulter status, CSR, undisclosed income, and crypto currency holdings. Notifications Companies Law Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135361