Accounting standards v/s companies act 1956


This query is : Resolved 

02 July 2013 What is the authority level in deciding conflict between Accounting Standards and Companies Act 1956 ????

02 July 2013 Companies act will be the authority incase conflict

03 July 2013 Thanks for your reply Mr. Ramesh Krishnan, but can you provide me the source.

03 July 2013 And sir I am asking about conflict regarding accounting??

03 July 2013 Companies act is the final authority for the all conflicts. all other authority comes under that only


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