Applicable Ind AS?

Sumit Shukla (378 Points)

12 January 2021  
1. Company engaged in large scale manufacturing and renting of machinery. Which Ind AS will apply to this machinery.

2. Above company purchases 1 Lacs Screws for Rs.10 crore at Rs. 1000 each. This screws are used in Machinery manufacturing. Which Ind As shall apply in this cas