AS 20

AS-20 IS APPLICABLE ON ALL COMPANIES,

WHERE FROM U GOT THESE WORD

"non corporate entities whose shares are listed in recognised stock exchanges in india"

NON CORPORATE ENTITIES NEVER LISTED IN RSE IN INDIA

SME which are level 1 & level 2 enterprises have been relaxed from disclosure requirement of diluted EPS.

am i right sir.plz clarify me

level 1 and level ii enterprises are classified by ICAI however this classification is not applicable to the companies covered by classification made by companies 9 Accounting standared( Rules, 2006.

Therefore Level I,II AND III is applicable only non corporate assessee that is partnership firm, society, trust etc.