https://www.taxtmi.com/forum/issue?id=120914 Monthly stock statements are commonly required by banks for business loans and cash credit or overdraft limits to assess drawing power, working capital utilisation, and loan monitoring. No single standard format is fixed; the statement is generally prepared from business records and should broadly agree with books, GST data, and supporting documents. Stock value is to be calculated on the basis of closing stock, using purchase bills, sales registers, inventory records, and related accounts, and may be expected to reflect accepted accounting treatment under Ind AS 2. en-us Sun, 10 May 2026 19:38:43 +0530 Mon, 11 May 2026 16:06:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120914 Monthly stock statements are commonly required by banks for business loans and cash credit or overdraft limits to assess drawing power, working capital utilisation, and loan monitoring. No single standard format is fixed; the statement is generally prepared from business records and should broadly agree with books, GST data, and supporting documents. Stock value is to be calculated on the basis of closing stock, using purchase bills, sales registers, inventory records, and related accounts, and may be expected to reflect accepted accounting treatment under Ind AS 2. Discussion-Forum Companies Law Sun, 10 May 2026 19:38:43 +0530 https://www.taxtmi.com/forum/issue?id=120914