<h1>Withdrawal of Guidance Notes aligns accounting guidance with Companies Act amendments, removing outdated practice-specific guidance and consolidating statutory compliance.</h1> The Institute of Chartered Accountants of India has withdrawn five Guidance Notes-on Depreciation, Revaluation Reserve treatment, issues from Schedule XIV amendments, remuneration to key managerial personnel as related party transactions, and applicability of AS 20 (Earnings Per Share)-because the guidance they provided has been addressed by changes introduced in the Companies Act, 2013.