ICAI Exposure Draft proposing amendments to eight Ind AS
| S. No. | Exposure Draft |
| 1. |
Annual Improvements to Ind AS 2018 Corresponding to Annual Improvements to IFRS Standards 2015–2017 Cycle issued by the IASB >> Standards amended are as under: Ind AS 103, Business Combinations Ind AS 111, Joint Arrangements Ind AS 12, Income Taxes Ind AS 23, Borrowing Costs |
| 2. | Plan Amendment, Curtailment or Settlement – Amendments to Ind AS 19, Employee Benefits >> |
| 3. |
Prepayment Features with Negative Compensation-Amendments to Ind AS 109, Financial Instruments >> |
| 4. |
Long-term Interests in Associates and Joint Ventures-Amendments to Ind AS 28 >> |
| 5. |
Amendments to Ind AS 40, Investment Property >> |
Comments should be submitted using one of the following methods, so as to receive not later than July 11, 2018.
1. Electronically: Click on the below mentioned option to submit a comment letter or visit at the following link (Preferred method): http://www.icai.org/comments/asb/
2. Email: Comments can be sent at commentsasb@icai.in
3. Postal:
Secretary, Accounting Standards Board,
The Institute of Chartered Accountants of India,
ICAI Bhawan, Post Box No. 7100,
Indraprastha Marg, New Delhi – 110 002
Further clarifications on any aspect of this Exposure Draft may be sought by e-mail to asb@icai.in.
Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…
ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…
Can a demand notice be issued u/s 156 for non-payment of Dividend tax u/s 115-O, when as per assessment order…
The issue already examined and adjudicated by the quasi-judicial authority, i.e., CIT(Appeals), cannot be reopened on the same set of…
One TDS is deducted, credit has to follow, failure of deductor to deposit the amount to the credit of the…
Merely because assessee did not explain purpose of cash withdrawal from bank, it can not be taxed u/s 69C as…