In the larger interest of the Indian economy and industries, the ICAI always endeavours to ensure that Indian Accounting Standards (Ind AS) Framework remains converged at all time with globally acceptable IFRS Standards. The ICAI continuously monitors the financial reporting developments globally and plays a critical role in the Nation’s Standard-setting Framework by formulating new Ind […]
The post Ind AS 116, Leases – A New Era of Accounting for Lease Contracts by Lessees, says ICAI appeared first on Taxscan | Simplifying Tax Laws.
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