Audit
This query is : Resolved
31 May 2010
why Guidance notes are issued when we already have AAS(SA)?
01 June 2010
Standards lay down standards in its raw form. Often we require clarifications or explanations. Guidance notes acts as a guide in such situations.
01 June 2010
we dont have GN ans SA on same topics.First ICAI comes out with Guidance on certain queries or topics in the form of GN.If the issue develops further and requires further clarifications and assume new dimensions ,then AS or SA is brought out.
Consider GN on treatement of expenditure during construction period.The various issues dealt in it were coved more deeply in vaious AS like AS 26,AS 10 etc.Then the GN was withdrawn.
Consider GN on treatement of expenditure during construction period.The various issues dealt in it were coved more deeply in vaious AS like AS 26,AS 10 etc.Then the GN was withdrawn.
01 June 2010
Please note that guidance notes are not necessarily restricted to Accounting standards. It may relate to any topic of professional interest.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- ITC EXCESS CLAIM + RCM NOT PAID...BOTH FOR FY 2020-21......PAID IN FY 2024-25....EFFECT
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
