FinTattva / Schedule III

Note 23

AS 1

Other Current Assets

Other Current Assets

General Instructions for Preparation of Statements
Interest accrued on bank deposits, unbilled revenue, net current tax assets.

Other Current Assets Workings

Schedule III, Part I — Division I (Section Q)FY 2025-26

Definition

Current assets that do not fall under current investments, inventories, trade receivables, cash and cash equivalents, or short-term loans and advances.

Recognition Criteria

Recognized when a transaction creates a short-term right to receive cash or other economic benefits within 12 months (e.g. interest accrued on bank deposits, current tax assets).

Measurement Principles

Measured at the expected realizable amount or historical nominal value.