(Continuation news of JUTESPINN): made by cash which is a violation of Companies Act 1994 and Income Tax Ordinance 1984. 6.Property, Plant and Equipment (IAS-16): The carrying amount of property, plant, and equipment's (PPE) comes to Tk. 21,498,732. We were not provided with any document regarding checking of physical existence as a part of internal control as of statement of financial position. However, in the fixed asset depreciation (cont.14)