Which accounting standard is to be followed either AS as per ICAI or Ind AS or Both, Please suggest
Menu
Accounting standard to be followed
Replies (1)
Dear Prashant,
Application of IND AS and AS issued by ICAI is depends upon verious conditions. Conditions are related to net worth and Legal structure of entity. There are various dates also which are suggested by MCA for aplication of IND AS according to conditions.
It will better for me to attach the summary where you can find detailed descripttion of application of AS and IND AS with respect of their conditons and dates.
Regards
Shreesh Kumar
Recent Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
