Contingent liability of tax case as per IndAS 37 vs Ind AS 10 adjusting events.
which Ind As prevails over?
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Tax case pending
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IND AS 10 for events occurred after the reporting date till the financials are signed ,so if at the reporting date ie.31/03/22 case is under contingent but decided later on you can show it's as per IND AS 10 ,otherwise as per IND AS 37 ....for IND AS 10 purpose it will be adjusting event...
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