Ind as query
If the company networth exceeds 250 cr then on or before 31.03.2022 then it is applicable in which year from
1) 31 march 2023
2) 31 march 22 standalone
3) combine data 31 march 21 and 22
Its a unlisted public company
Ind as applicability?
please provide with the notification as well?
thanks in advance
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Ind As Applicability - unlisted public company
Replies (1)
Ind AS applies mandatorily for the financial year ending March 31, 2023 (Option 1). The financial reporting for this year must include restated comparative data for the year ending March 31, 2022 alongside an opening balance sheet as of April 1, 2021.
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