Companies (Indian Accounting Standards) Amendment Rules 2021 MCA notification dated 18th June 2021

MCA has notified the Companies (Indian Accounting Standards) Amendment Rules, 2021 to further amend the Companies (Indian Accounting Standards) Rules,2015. New amendments will be effective from date of publication in official Gazette.

As per amendment rules following Ind AS has been amended : 1. Ind AS 101 First-time Adoption of Indian Accounting Standards 2. Ind AS 102 Share-based Payment 3.Ind AS 103 Business Combinations 4. Ind AS 104 Insurance Contracts , 5. Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations 6. Ind AS 106 Exploration for and Evaluation of Mineral Resources 7. Ind AS 107 Financial Instruments: Disclosures 8. Ind AS 108 Operating Segments, 9. Ind AS 109 Financial Instruments 10. Ind AS 111 Joint Arrangements 11. Ind AS 114 Regulatory Deferral Accounts 12. Ind AS 115 Revenue from Contracts with Customers 13. Ind AS 116 Leases 14. Ind AS 1 Presentation of Financial Statements 15. Ind AS 8 Accounting Policies, Changes in Accounting Estimates and Errors 16. Ind AS 12 Income Taxes  17. Ind AS 16 Property, Plant and Equipment 18. Ind AS 27 Separate Financial Statements 19. Ind AS 34 Interim Financial Reporting 20. Ind AS 37 Provisions, Contingent Liabilities and Contingent Assets 21. Ind AS 38 Intangible Assets 22. Ind AS 40 Investment Property

Refer copy of MCA notification on

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