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AS 7 Construction Contracts

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(Querist)
20 July 2009 Dear Friends,
Our company have various contracts which are covered under definition of AS 7.

Up till we are not applying this AS in our company.

Now for this year we want to apply the AS 7 on some of our contacts & on other we don't want to apply.

Whether it is possible?
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CA.Pujah

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CA.Pujah (Expert)
20 July 2009 AS compliance is a statutory requirement and they cannot be adopted partially...they have to be adopted in full wherever applicable

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