Question
Regarding the valuation of investment in SRs outstanding
in the books of specified lenders, which treatment is applicable after the issuance of these directions?Solution
According to the paragraph, for the valuation of investment in SRs outstanding in the books of specified lenders, the difference between the carrying value and the valuation arrived at in terms of this clause should be provided over a five-year period starting from the financial year ending March 31, 2022, until the financial year ending March 31, 2026.
What will be the fraction of 20%
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