https://www.taxtmi.com/acts?id=18368 Rule 7 provides that accounting standards under the earlier Companies Act continue as the applicable standards until the Central Government specifies new standards under the current Act, and that, until the National Financial Reporting Authority is constituted, the Central Government may prescribe standards or addenda on the basis of professional recommendations following consultation and examination of prior advisory recommendations. en-us Tue, 01 Apr 2014 07:51:05 +0530 Sat, 14 Mar 2026 11:03:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18368 Rule 7 provides that accounting standards under the earlier Companies Act continue as the applicable standards until the Central Government specifies new standards under the current Act, and that, until the National Financial Reporting Authority is constituted, the Central Government may prescribe standards or addenda on the basis of professional recommendations following consultation and examination of prior advisory recommendations. Act-Rules Companies Law Tue, 01 Apr 2014 07:51:05 +0530 https://www.taxtmi.com/acts?id=18368