{"id":3038,"date":"2016-05-13T13:06:24","date_gmt":"2016-05-13T07:36:24","guid":{"rendered":"https:\/\/taxclick.org\/?p=3038"},"modified":"2016-05-13T13:06:24","modified_gmt":"2016-05-13T07:36:24","slug":"mca-clarified-companies-accounting-standards-amendment-rules-2016-applicable-date-publication-official-gazette","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/ifrs\/mca-clarified-companies-accounting-standards-amendment-rules-2016-applicable-date-publication-official-gazette\/","title":{"rendered":"MCA clarified that Companies (Accounting Standards) Amendment Rules, 2016 would be applicable on the date of publication in the Official Gazette"},"content":{"rendered":"

General Circular No. 04\/2016<\/u><\/p>\n

F.No.01\/01\/2009-CL-V<\/p>\n

Government of India<\/p>\n

Ministry of Corporate Affairs<\/p>\n

 <\/p>\n

5th<\/sup> Floor, A Wing, Shastri Bhavan,<\/p>\n

Dr R.P. Road, New Delhi<\/p>\n

Dated:27th<\/sup> April, 2016<\/p>\n

To<\/p>\n

All Regional Directors,<\/p>\n

All Registrars of Companies,<\/p>\n

All Stakeholders.<\/p>\n

Subject: Clarification with regard to companies (Accounting Standards) Amendment Rules 2016<\/p>\n

Sir,<\/p>\n

Stakeholders have sought clarifications with regard to the accounting period for which the accounts would need to be prepared using the Accounting Standards, as amended through the Companies (Accounting Standards) Amendment Rules, 2016. The matter has been examined in the Ministry and it is hereby clarified that the amended Accounting Standards should be used for preparation of accounts for accounting periods commencing on or after the date of notification.<\/p>\n

This issues with the approval of the competent authority.<\/p>\n

Yours faithfully<\/p>\n

Sd\/-<\/p>\n

(Sudhir Kapoor)<\/p>\n

Deputy Director<\/p>\n

 <\/p>\n

Copy to:-<\/p>\n

    \n
  1. E-Governance Section and web contents Officer to place this circular on the Ministry website<\/li>\n
  2. Guard File<\/li>\n<\/ol>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    General Circular No. 04\/2016 F.No.01\/01\/2009-CL-V Government of India Ministry of Corporate Affairs   5th Floor, A Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated:27th April, 2016 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification with regard to companies (Accounting Standards) Amendment Rules 2016 Sir, Stakeholders have sought clarifications with regard … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[8],"tags":[413],"yoast_head":"\nMCA clarified that Companies (Accounting Standards) Amendment Rules, 2016 would be applicable on the date of publication in the Official Gazette - All About Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxclick.org\/type\/ifrs\/mca-clarified-companies-accounting-standards-amendment-rules-2016-applicable-date-publication-official-gazette\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCA clarified that Companies (Accounting Standards) Amendment Rules, 2016 would be applicable on the date of publication in the Official Gazette - All About Finance\" \/>\n<meta property=\"og:description\" content=\"General Circular No. 04\/2016 F.No.01\/01\/2009-CL-V Government of India Ministry of Corporate Affairs   5th Floor, A Wing, Shastri Bhavan, Dr R.P. 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