Recommendations of Tax Accounting Standards (TAS)

sanjay aggarwal , Last updated: 05 November 2012  
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Brief Recommendations put by the committee are summarized here under: As per AS 1 talks on the concept of prudence, But TAS (AP) does not permit differential treatment of expected income Losses unless permitted by any other TAS No recognition of the concept of materiality TAS

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sanjay aggarwal
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Category Others   Report

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