Ind as applicability

indas applicable for fy 19-20
facts
an unlisted pvt company..networth less than 250 crore...
share holding..85% foriegn company
15% Indian joint venture nbfc company which is listed

whether indas applicability to unlisted pvt company
Replies (1)

The criteria is more than or equal to 250 crores, in the process of getting listed. India’s is not applicable and hence, need to follow the Indian standards which were previously followed. 

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