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why not ind as 116 here
why not ind as 116 here
Replies (3)
it has not been implemented yet
Still IndAS 116 not there....it is now applicable.
https://www.mca.gov.in/Ministry/pdf/RuleIndAsEng_30032019.pdf
I couldn’t go through the whole technical paper, but there are issues and amendments related to IndAS 116 Lease. I thought it was still IndAS 17.
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