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Can you provide provision for contigent liablites?
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Answer / h.r. sreepada bhagi
Refer the relevant Accounting Standard issued by the
Institute of Chartered Accountants of India, which provides
guidelines for treating contingent liabilities.
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Answer / deepak jha
yes we can provide provison for conteigent liabilities as
banks have CAR for them
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / guest
NO IT IS AN UNFORSEEN HAPPENINGS SO WE CAN'T PROVIDE
PROVISION
| Is This Answer Correct ? | 2 Yes | 4 No |
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