Hi frnds, is it likely that IND AS shall become applicable on or before May 2014 Exams?
CS Alok Mishra
(Income Tax Practitioner)
(786 Points)
Replied 12 February 2013
Untill and unless ICAI gives any clarification in this regard, no one can comment. As far as current scenario is concerned , Ind ASs are not applicable for May 2013.