https://www.taxtmi.com/notifications?id=6715 Amendments to AS 15 require that unrecognised parts of transitional liability be considered when accounting for subsequent actuarial gains; curtailment or settlement gains or losses must include a proportionate share of previously unrecognised past service cost and transitional amounts determined by change in present value of obligations; and where transitional liability exceeds previously recognised liability an irrevocable choice must be made to adjust opening reserves immediately or amortise the increase over up to five years, with specified disclosure, measurement limits and caps on recognition of subsequent actuarial gains. en-us Thu, 27 Mar 2008 00:00:00 +0530 Sat, 05 Apr 2008 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6715 Amendments to AS 15 require that unrecognised parts of transitional liability be considered when accounting for subsequent actuarial gains; curtailment or settlement gains or losses must include a proportionate share of previously unrecognised past service cost and transitional amounts determined by change in present value of obligations; and where transitional liability exceeds previously recognised liability an irrevocable choice must be made to adjust opening reserves immediately or amortise the increase over up to five years, with specified disclosure, measurement limits and caps on recognition of subsequent actuarial gains. Notifications Indian Laws Thu, 27 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6715