Contradiction between ind as 1 and companies act 2013

Kindly look into the following explanations in Ind AS 1 and Part-II of Schedule-III to the Companies Act 2013.

Ind AS-1 (Presentation of Financial statements) Para 87 - An entity shall not present any items of income or expense as extraordinary items, in the statement of profit and loss or in the notes.

Part-II of Schedule III to Companies Act 2013 - Format for Statement of profit and Loss-  As per the format item no.VIII tell about the disclosure of " Extraordinary Items". 

Hence, the above two statements are contradictory as Ind As 1 prohibits disclosure of extraordinary item whereas Companies Act includes it in the formate for statement of profit and loss. 

Anyone kindly clarify the above doubt.

Regards

Biru