FORM NL-19 MISC EXPENDITURE SCHEDULE | |||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
MISCELLANEOUS EXPENDITURE | |||
(To the extent not written off or adjusted) | |||
(Rs. '000) | |||
Particulars | 30.06.2020 | 30.06.2019 | |
1 | Discount Allowed in issue of shares/ debentures | N I L | N I L |
2 | Others (to be specified) | N I L | N I L |
TOTAL | N I L | N I L | |
Notes: | |||
(a) No item shall be included under the head “Miscellaneous Expenditure” and carried forward unless: | |||
1. some benefit from the expenditure can reasonably be expected to be received in future, and | |||
2. the amount of such benefit is reasonably determinable. | |||
(b) The amount to be carried forward in respect of any item included under the head “Miscellaneous Expenditure” shall not exceed the expected future revenue/other benefits related to the expenditure. |