https://www.taxtmi.com/forum/issue?id=110420 Applicability determines whether IND AS or Accounting Standards govern a company: notified Indian Accounting Standards apply to companies listed in the statutory applicability rules, while companies not covered by that list continue to follow Accounting Standards. The professional body drafts the standards, but regulatory notification establishes formal applicability, so practitioners must verify statutory criteria to determine the applicable framework. en-us Sat, 28 May 2016 17:16:39 +0530 Thu, 23 Jan 2025 15:56:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110420 Applicability determines whether IND AS or Accounting Standards govern a company: notified Indian Accounting Standards apply to companies listed in the statutory applicability rules, while companies not covered by that list continue to follow Accounting Standards. The professional body drafts the standards, but regulatory notification establishes formal applicability, so practitioners must verify statutory criteria to determine the applicable framework. Discussion-Forum Companies Law Sat, 28 May 2016 17:16:39 +0530 https://www.taxtmi.com/forum/issue?id=110420