NACAS- As -11 and GOI Notification of 31-3-2009
This query is : Resolved
H.R.Sampath Kumar
(Querist)
17 April 2009
The Government of India- Ministry of Corporate Affairs has issued a Notification on NACAS Accounting Standard-11. ( GSR 225 (E) dt 31-3-2009. This Notification, I feel is very poorly drafted and difficult to comprehend. Can anyone help me in understanding the proper Accou nting Entries please ?
CA Nitin Wadhwani
(Expert)
18 April 2009
Sch-VI and the Notification are now on the same lines.
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