AS 9 for construction company

This query is : Resolved

SUNNY SEHGAL (Querist)
Follow

25 June 2010 Sir,

Can any one tell me whether AS 9 will be aplly to construction company and how much amount is to be considered for AS 9.Please tell me how to compute the same in detail.

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

25 June 2010 AS 9 not applicable on following

This Standard does not deal with the following aspects of revenue recognition to which special considerations apply:

Revenue arising from construction contracts;

Revenue arising from hire-purchase, lease agreements;

Revenue arising from government grants and other similar subsidies;

Revenue of insurance companies arising from insurance contracts.

AS 7 is applicable for construction contracts.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SUMAN SAHA

CA Rahul Patwardhan

T E SOUNDARARAJAN

Hanuma Yanduri

CA Bijo scaria

Subscribe Now

AS 9 for construction company

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Article Assistant

GST CONSULTANCY

Accountant

Manager- Finance and Compliance

GST CONSULTANT