https://www.taxtmi.com/acts?id=52538 Accounting policies require preparation on a historical cost and accrual basis; long term investments carried at cost with provisions for non temporary decline; current investments at lower of cost and fair value with individual provisions; fixed assets capitalized including pre operational expenses and non monetary grants credited to capital reserve; depreciation on straight line basis with pro rata treatment and full write off for low value items; deferred revenue expenditure amortized over five years; government grants recognized as capital reserve or deducted from asset cost on realization; foreign currency gains/losses allocated to asset cost when related or to revenue otherwise; lease rentals expensed; retirement benefits accrued on actuarial/entitlement basis. en-us Thu, 08 Jan 2026 18:19:40 +0530 Fri, 09 Jan 2026 12:24:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52538 Accounting policies require preparation on a historical cost and accrual basis; long term investments carried at cost with provisions for non temporary decline; current investments at lower of cost and fair value with individual provisions; fixed assets capitalized including pre operational expenses and non monetary grants credited to capital reserve; depreciation on straight line basis with pro rata treatment and full write off for low value items; deferred revenue expenditure amortized over five years; government grants recognized as capital reserve or deducted from asset cost on realization; foreign currency gains/losses allocated to asset cost when related or to revenue otherwise; lease rentals expensed; retirement benefits accrued on actuarial/entitlement basis. Act-Rules Companies Law Thu, 08 Jan 2026 18:19:40 +0530 https://www.taxtmi.com/acts?id=52538