Clarification on Para 46A of Notification Number G.S.R. 914(E) dated 29.12.2011 on Accounting Standard 11 relating to “The effects of changes in Foreign Exchange Rates”.

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....ed:- 9-8-2012 Circular Dated:- 9-8-2012 Circular<br>Companies Law<br>Circular No. 25/2012, F. No. 17/133/2008-CL-V Government of India Ministry of Corporate Affairs 5^th Floor, A Wing, Sha....

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....representations from industry associations that para 6 of Accounting Standard-11 and para 4(e) of AS-16 are posing problems in proper implementation of para 46A of notification 914(E) dated 29-12-2011....