Major confusion - ind as for may 2016

Rhea (Student CA Final ) (633 Points)

09 April 2016  

Everyone's saying that old AS are still applicable except financial instrument ones, and questions will be based on old AS only. Only difference questions will come for other Ind AS (AS vs Ind AS).

But I've got supplementary study mat for Ind AS which is very detailed and it says it is applicable for May 2016. So is the above information really correct?

And where did people get this, any notification? Should I learn only the differences for other AS?