Diluted EPS

Yes, all companies requires... for the same find attached file being ASI 12 for applicability of AS 20...

I wanted to know whether Basic EPS & Diluted EPS- Both are to be disclosed.

Yes.., both has to be disclosed... even though both are same... It is general practice that I always see in many BSs.....

A partial exemption has been given to SMC that they are not required to disclose DEPS.

No,  Diluted EPS is not required to be disclosed by the SMC's & SME's, otherwise known as Level II & Level III Entities, respectively.

As per Accounting Standard 20, 'Earning Per Share', All Entities are required to shown on the face of P&L A/c :-

1. BEPS

2. DEPS

3. Reconciliation Statement, reconciling the two Ratios - BEPS & DEPS

But,  Partial Exemption is available to SMC's & SME's in that they do not need to disclose the DEPS, and therefore the Reconciliation Statement is also not needed. They only need to disclose the BEPS.

Note :- Remember, any of the Partial Exemptions, given in AS - 15/19/20/28/29 is not mandatory to avail. It is up to the Entities to decide whether they want to avail the Exemption or not.

May I know where the partial exemption is mentioned?

In the AS itself.

Do you mean "the Exact Paragraph Number" ?

I can't tell you now. But, it is there in Praveen Sharma Sir's Book. I'm more than sure. We have been taught this only.

Thank you for all.............