Future and option business
This query is : Resolved
Guest
Guest
(Querist)
16 September 2011
How Profit and Loss account will be prepared u/s 44AA for Future and Option Business?
CA Pushpendra Gaur
(Expert)
16 September 2011
Wel accounting for it should be maintained as per AS 30,31
CA Ravi Sisodia
(Expert)
16 September 2011
AS - 30,31,32 will be applicable only lavel - 1 entites.
AS - 30,31,32 will not applicable for level - 2 & 3.
for level - 2 & 3 entites AS-13 and fuidence notes will applicable.
AS - 30,31,32 will not applicable for level - 2 & 3.
for level - 2 & 3 entites AS-13 and fuidence notes will applicable.
CA Pushpendra Gaur
(Expert)
17 September 2011
Mr. Ravi Sisodia are the 35 Ind AS shown in MCA site have been made applicable or not as from my office i don't know why ICAI site is not opening
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