Corporate DisclosureSIBL

SIBL Corporate Disclosure — 8 July 2020

Published
Last verified by BullBD

Announcement summary

What happened
SIBL published a corporate disclosure on 8 July 2020. Read the full announcement for details.
Company
Social Islami Bank PLC.
Announcement published

Original announcement

(Continuation news of SIBL): In addition, there are no direction from National Board of Revenue (NBR) regarding treatment of lease rent, depreciation on ROU assets and interest on lease liability for income tax purposes and applicability of VAT on such items. Finally, paragraph 5 of IFRS 16 provide the recognition exemptions to short-term leases and leases for which the underlying asset is of low value. (cont.3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056bda
Original publication
Last verified by BullBD
Translation
BullBD
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