CA Passion - The Most Popular & Trusted website for CA Students & Members

Take the pledge to celebrate a pollution-free, healthy Diwali and get an indoor garden worth Rs. 1271 FREE! 

Nurserylive is giving away 50,000 plants towards this cause! 
Check it out here  https://rfer.al/OkURa_cRCKwRL

MCQ-F101-10 - Answer Key

If a parent company voluntarily or mandatorily adopts IndAS then its holding, subsidiary, joint venture or associate company whether through direct or indirect association shall comply with IndAS form the Financial Year in which the parent company starts complying with IndAS.

Hence, both companies A & B shall comply with IndAS from the FY 2015-16

Post a Comment

Please do not enter any spam link in the comment box.

Previous Post Next Post