19 September 2016
AS 22.......it is the timing difference.... take for example there is a difference in depreciation as per companies accounts and depreciation as per income tax this results in imbalance in matching principle of accountancy.... just go through the link and come back for specific query on the same.... (For as 15 and 11....i will give the suggestions in due course.)
19 September 2016
AS 15 : Accounting for retirement benefits of the employees. It basically deals with the ACCRUAL concept.... The retirement benefits per employee go on accruing every year.... e.g. gratuity...The actual payment of gratuity is made, subject to provisions of Payment of Gratuity Act, at the time retirement.
19 September 2016
students/ friends are the real enemies in this field... They will always trouble you by asking such indirect questions. Just keep yourself away from these Grapevine students and friends