Is reporting required even if default exists for 1 day?

3 answers

Ravi Staff May 5, 2018

Yes it should be reported, if amount is material

#1

Is reporting required if default is made good subsequently in the year?

#2
Ravi Staff May 5, 2018

reporting will be required in current year even if its made good, we can specify that now default is settled.
no reporting in next year report as default is settled 

#3

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