This Standard should be applied by all the entities. However, a Small
and Medium Sized Company and a Small and Medium Sized non-corporate
entity falling in Level II or Level III, as defined in Appendix 1 to this
Compendium, ‘Applicability of Accounting Standards to Various Entities’,
may not disclose diluted earning per share (both including and excluding
extraordinary items). Further, a non-corporate Small and Medium Sized
Entity falling in level III as defined in Appendix 1 to this Compendium,
may not disclose the information required by paragraph 48(ii) of the
standard.