https://www.taxtmi.com/forum/issue?id=119080 Accounting treatment of Quasi Capital depends on contractual features: if an unsecured or subordinated loan with no fixed maturity, record as a liability (Debit Bank; Credit Unsecured/Shareholder Loan). If a loan with specific repayment terms, record as Loan Payable. If the instrument has convertible or equity-like features, classify wholly or partly as equity or as a compound instrument with split liability/equity accounting. Classification should follow repayment terms, subordination, interest regularity, convertibility, and applicable accounting standards. en-us Sat, 20 Apr 2024 18:08:14 +0530 Sat, 12 Apr 2025 22:28:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119080 Accounting treatment of Quasi Capital depends on contractual features: if an unsecured or subordinated loan with no fixed maturity, record as a liability (Debit Bank; Credit Unsecured/Shareholder Loan). If a loan with specific repayment terms, record as Loan Payable. If the instrument has convertible or equity-like features, classify wholly or partly as equity or as a compound instrument with split liability/equity accounting. Classification should follow repayment terms, subordination, interest regularity, convertibility, and applicable accounting standards. Discussion-Forum Companies Law Sat, 20 Apr 2024 18:08:14 +0530 https://www.taxtmi.com/forum/issue?id=119080