Issuance of New Revenue Standard Ind AS 115

Last updated: 31 March 2018

An important development in Ind AS Framework i.e. a new Ind AS in the area Revenue recognition has been notified by Ministry of Corporate Affairs which was formulated based on the recommendation made by The Institute of Chartered Accountants of India. The key amendment is the issuance of new Reve
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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