Future and option business

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Guest

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16 September 2011 How Profit and Loss account will be prepared u/s 44AA for Future and Option Business?

CA Pushpendra Gaur

CA Pushpendra Gaur (Expert)
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16 September 2011 Wel accounting for it should be maintained as per AS 30,31

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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16 September 2011 AS - 30,31,32 will be applicable only lavel - 1 entites.

AS - 30,31,32 will not applicable for level - 2 & 3.

for level - 2 & 3 entites AS-13 and fuidence notes will applicable.

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CA Pushpendra Gaur

CA Pushpendra Gaur (Expert)
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17 September 2011 Mr. Ravi Sisodia are the 35 Ind AS shown in MCA site have been made applicable or not as from my office i don't know why ICAI site is not opening