Acconting standards

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05 October 2013 What is a non-corporate entity and why acounting standards issued by ICAI are applicable only to non-corporate entities?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
05 October 2013 non corporate entities are those which are not companies registered under companies act.

AS is also applicable to coprporate entity , refer sec 211.
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