TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Ministry clarifies Accounting Standard 11: Paragraph 46A exempts companies from Paragraph 6 and AS-16's Paragraph 4(e) requirements.</h1> The Ministry of Corporate Affairs issued a circular clarifying the application of Paragraph 46A of Notification G.S.R. 914(E) regarding Accounting Standard 11 on foreign exchange rate changes. It addresses concerns raised by industry associations about the implementation challenges posed by Paragraph 6 of Accounting Standard 11 and Paragraph 4(e) of AS-16. The circular specifies that these paragraphs do not apply to companies utilizing Clause 46A of Accounting Standard 11, aiming to alleviate the issues faced by the industry in adhering to these standards.
TaxTMI 