Obligation to comply with the Indian Accounting Standards (Ind AS) and Rule 4 of Companies (Indian Accounting Standards) Rules, 2015- Payment Banks, Small Finance Banks which are subsidiaries of Corporates -reg.

Obligation to comply with the Indian Accounting Standards (Ind AS) and Rule 4 of Companies (Indian Accounting Standards) Rules, 2015- Payment Banks, Small Finance Banks which are subsidiaries of Corporates -reg. https://www.taxtmi.com/circulars?id=56129 Where a corporate holding company falls within the corporate sector roadmap for Ind AS implementation the holding company shall follow that roadmap, while Payment Banks and Small Finance Banks which are subsidiaries shall follow the banking sector Ind AS roadmap prescribed by the central banking regulator; such banking subsidiaries must provide their Ind AS financial data to the holding company for consolidation. en-us Wed, 13 Sep 2017 00:00:00 +0530 Thu, 14 Sep 2017 14:32:00 +0530 TaxTMI RSS Generator Obligation to comply with the Indian Accounting Standards (Ind AS) and Rule 4 of Companies (Indian Accounting Standards) Rules, 2015- Payment Banks, Small Finance Banks which are subsidiaries of Corporates -reg. https://www.taxtmi.com/circulars?id=56129 Where a corporate holding company falls within the corporate sector roadmap for Ind AS implementation the holding company shall follow that roadmap, while Payment Banks and Small Finance Banks which are subsidiaries shall follow the banking sector Ind AS roadmap prescribed by the central banking regulator; such banking subsidiaries must provide their Ind AS financial data to the holding company for consolidation. Circulars Companies Law Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56129