Long-term Loans and Advances
General Instructions for Preparation of StatementsCapital advances, security deposits, and related party loans due beyond 12 months.
Long-term Loans and Advances Workings
Schedule III, Part I — Division I (Section L) — FY 2025-26Definition
Loans and advances that are expected to be recovered more than 12 months after the reporting date or beyond the normal operating cycle.
Recognition Criteria
Recognized when the loan is disbursed or advance payment is made, establishing a legal right to recover cash or receive goods/services in the future.
Measurement Principles
Carried at cost less provisions for bad and doubtful loans. Any material provision must be separately disclosed under relevant heads.