Other Long-term Liabilities
General Instructions for Preparation of StatementsOther Long-term Liabilities shall be classified by nature as Trade deposits, Security deposits, etc.
Other Long-term Liabilities Workings
Schedule III, Part I — Division I (Section D) — FY 2025-26Definition
Liabilities that are not borrowings, trade payables, or provisions, and are expected to be settled more than 12 months after the reporting period (or beyond the normal operating cycle).
Recognition Criteria
Recognized when the company enters into a binding transaction creating a long-term obligation (e.g., security deposit received or long-term deferred revenue) and an outflow of resources is probable.
Measurement Principles
Measured at the transaction value or the amount expected to settle the obligation. Premium on debentures/bonds is amortized over the tenure.