https://www.taxtmi.com/acts?id=19301 Companies and their auditors must adopt Indian Accounting Standards (Ind AS) according to a phased schedule based on listing status and net worth thresholds; voluntary adoption is permitted but irrevocable. Holding, subsidiary, joint venture and associate companies follow parent or threshold-based timing. NBFCs have separate transition rules and net worth reference dates. Comparative figures for the preceding period are required and net worth is calculated from specified audited stand-alone financial statements for threshold determinations. en-us Mon, 02 Mar 2015 11:02:32 +0530 Wed, 04 Feb 2026 15:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19301 Companies and their auditors must adopt Indian Accounting Standards (Ind AS) according to a phased schedule based on listing status and net worth thresholds; voluntary adoption is permitted but irrevocable. Holding, subsidiary, joint venture and associate companies follow parent or threshold-based timing. NBFCs have separate transition rules and net worth reference dates. Comparative figures for the preceding period are required and net worth is calculated from specified audited stand-alone financial statements for threshold determinations. Act-Rules Companies Law Mon, 02 Mar 2015 11:02:32 +0530 https://www.taxtmi.com/acts?id=19301