Ind AS Contract evaluation limit

09 December 2019
Recently as we know Ind AS 116 is applicable from 1st April 2019.

As on that date i have evaluated few contracts under Ind AS 116 and completed Limited Review , now for Q3 i want to evaluate some other contracts under Ind AS 116 which i have missed out on 1st April 2019.

Is there any clarification that the time limit for evaluation is till the year end i,e 31/3/2020 so that it will not impact my q1 & q2 results.

If yes mention the source.


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