The Central Government on 9th September, 2024 has issued the Companies (Indian Accounting Standards) Second Amendment Rules, 2024. The rules provides accounting standards for sale and lease by companies.
A seller-lessee shall apply Lease Liability in a Sale and Leaseback retrospectively in accordance with Ind AS 8 to sale and leaseback transactions entered into after the date of initial application.
The amendment provides that a foreign national or non-resident Indian shall be permitted to provide self-declaration of securities lost or misplaced or stolen which shall
A seller-lessee shall apply Lease Liability in a Sale and Leaseback retrospectively in accordance with Ind AS 8 to sale and leaseback transactions entered into
Where the CCI is of the prima facie opinion that a proposed combination of enterprises has caused or is likely to cause appreciable adverse effect
The amendment provides that where the transferor foreign company incorporated outside India being a holding company and the transferee Indian company being a wholly owned
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