https://www.taxtmi.com/acts?id=19817 Entities reporting in the currency of a hyperinflationary economy must restate financial statements into the measuring unit current at the end of the reporting period; monetary items are not restated, non monetary historical cost items are restated by applying a general price index from acquisition or other relevant dates, and items linked to price changes are adjusted per their agreements. The gain or loss on the net monetary position is included in profit or loss. Deferred tax items and all comparative and cash flow figures are restated in accordance with Ind AS 12 and this Standard, and specified disclosures about restatement, index identity and duration of hyperinflation are required. en-us Thu, 04 Jun 2015 16:08:58 +0530 Fri, 08 Sep 2023 17:48:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19817 Entities reporting in the currency of a hyperinflationary economy must restate financial statements into the measuring unit current at the end of the reporting period; monetary items are not restated, non monetary historical cost items are restated by applying a general price index from acquisition or other relevant dates, and items linked to price changes are adjusted per their agreements. The gain or loss on the net monetary position is included in profit or loss. Deferred tax items and all comparative and cash flow figures are restated in accordance with Ind AS 12 and this Standard, and specified disclosures about restatement, index identity and duration of hyperinflation are required. Act-Rules Companies Law Thu, 04 Jun 2015 16:08:58 +0530 https://www.taxtmi.com/acts?id=19817