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Fr amendment
in nov 16 exam
we have to give ans as old AS या IND AS
Replies (1)
IND AS have not replaced the existing AS.
IND AS are same as IFRS which would be applicable to specified companies only,
Companies other than specified companies and non corporate entities would have to follow the Existing AS
Hence for Nov -16 we have to study Exsiting AS (1 to 29) & IND AS ( comparison with AS & IFRS & IAS).
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