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A.S. Applicability ??

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(Querist)
06 December 2010 i have not taken classes for Accounts. I have bought MPV books for AS. I was reading the applicability of As and really got confused regarding classification of SMC & NON SMC,& SME.

whether SME includes proprietorship, firms, HUF, Aop etc.

Also I inferred from reading that SMC & LEVEL-II & LEVEL III entities are the same then why it is referred as SME.


can anyone explain it in simple way.


MY id abhipcc@rediffmail.com
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
06 December 2010 VISIT THIS LINK


https://www.caalley.com/as/appl_as.html
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CA Dhiraj Ramchandani

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CA Dhiraj Ramchandani (Expert)
06 December 2010 Hi if someone over here explains u, then its fine.., or else get D S RAWAT, there at the end chapters proper explaination is given... No need to get the book from market, u can get of ur friend's book and get that chapter xeroxed..
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