Section 35I in The Companies (Indian Accounting Standards) Rules, 2015
35I. To enable users of financial statements to understand the changes in the loss allowance disclosed in accordance with paragraph 35H, an entity shall provide an explanation of how significant changes in the gross carrying amount of financial instruments during the period contributed to changes in the loss allowance. The information shall be provided separately for financial instruments that represent the loss allowance as listed in paragraph 35H(a)-(c) and shall include relevant qualitative and quantitative information. Examples of changes in the gross carrying amount of financial instruments that contributed to the changes in the loss allowance may include:
(a)changes because of financial instruments originated or acquired during the reporting period;(b)the modification of contractual cash flows on financial assets that do not result in a derecognition of those financial assets in accordance with Ind AS 109;(c)changes because of financial instruments that were derecognized (including those that were written-off) during the reporting period; and(d)changes arising from whether the loss allowance is measured at an amount equal to 12-month or lifetime expected credit losses.
