https://www.taxtmi.com/notifications?id=143573 Amendments to Ind AS 21 require assessing whether a currency is exchangeable at each measurement date and for each specified purpose; where a currency is not exchangeable, an entity must estimate a spot exchange rate at the measurement date to reflect the rate for an orderly exchange between market participants. Entities may use an observable exchange rate without adjustment or other estimation techniques, and must disclose the nature and financial effects, rates used, estimation process, and risks. The amendments apply prospectively from annual periods beginning on or after 1 April 2025 with no restatement of comparatives. en-us Wed, 07 May 2025 00:00:00 +0530 Thu, 08 May 2025 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143573 Amendments to Ind AS 21 require assessing whether a currency is exchangeable at each measurement date and for each specified purpose; where a currency is not exchangeable, an entity must estimate a spot exchange rate at the measurement date to reflect the rate for an orderly exchange between market participants. Entities may use an observable exchange rate without adjustment or other estimation techniques, and must disclose the nature and financial effects, rates used, estimation process, and risks. The amendments apply prospectively from annual periods beginning on or after 1 April 2025 with no restatement of comparatives. Notifications Companies Law Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143573