26 September 2015
II. Exemptions/Relaxations for SMEs (A) Accounting Standards not applicable to Level II and Level III enterprises in their entirety: AS 3, Cash Flow Statements AS 17, Segment Reporting AS 18, Related Party Disclosures AS 24, Discontinuing Operations.
follow this link http://www.icai.org/new_post.html?post_id=3046&c_id=251