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?
16 September 2011
Wel accounting for it should be maintained as per AS 30,31
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.
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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