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IFRS

This query is : Resolved 
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(Querist)
22 June 2010 With the upcoming IFRS in India, how will the incomes and expenses with retrospective effect from past years be treated.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
22 June 2010 No need to change old accounts. If will aplly prospectively not retrospectively.

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