Ind AS

1. in pursuance of the G-20 commitment given by india
2

to converge indian as with ifrs
2. it will it improve the quality of financial reporting and hv an impact on how key financials such as revenue, operating profit, net profit, book value, goodwill and return on equity will be calculated
3. the fundamental difference is that ind as recognize substance over form and importance of fair value to compute finl statements

I've been uploading videos on youtube explaining the differences between various AS and Ind AS.  If you want to know AS wise differnces the videos. Below is the link to some of the videos

Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)

https://youtu.be/hhAJnysdgng

Difference in AS and Ind AS - AS 2 vs Ind AS 2

https://youtu.be/DowstExpNio

Difference in AS & Ind AS - AS 3 vs Ind AS 7 (Cash Flow) 

https://youtu.be/zVt11LkogNI

Please let me know if you have any doubts.

@ Riya, thank you for ur reply.
Your point wise answers helped me a lot. :-)

@ CA CS Gopal , thank you sir for ur reply.
I m looking forward to watching your videos. :-)

Anytime Sumit ! mention not.

welcome..Happy to help. Let me know if you have any query.