ACCOUNTING STANDARD AND TAXATION

1. Introduction - Accountancy Principles and Taxability of Income - V. H. Patil
2. Disclosure of Accounting Policies (AS-1) - Arvind H. Dalal
3. Inventories – Valuation of Inventories (AS-2) - K. C. Narang
4. Contingencies and events occurring after the Balance Sheet date (AS-4) - Pradip N. Kapasi
5. Accounting and Tax Aspects (AS-5) - Jayant Gokhale
6. Depreciation Accounting, Accounting for Fixed Assets, Borrowing Costs (AS-6, 10, 16) - Himanshu Kishnadwala & Rajesh Kothari
7. Construction Contracts (AS-7) - Chetan A. Karia
8. Accounting for Research and Development Expenses (AS-8) - Rajesh Kothari
9. Revenue Recognition (AS-9) - P. N. Shah
10. Accounting for the effects of changes in Foreign Exchange Rules (AS-11) - Ramesh Lakshman
11. Accounting for Government Grants (AS-12) - B. V. Dalal
12. Accounting for Investments (AS-13) - Narayan Varma & Pradeep Shah
13. Accounting for Amalgamation (AS-14) - H. N. Motiwala
14. Accounting of Retirement Benefits (AS-15) - Yogesh Thar
15. Segment Reporting (AS-17) Related Party Disclosure (AS-18) - H. N. Motiwalla
16. Leases (AS-19) - Dilip Lakhani
17. Accounting Standards on Earnings per share (AS-20) Consolidated Financial Statements (AS-21) and Accounting for Taxes on Income (AS-22) - Jayesh Thakur
18. Deferred Revenue Expenditure - Yatin Vyavaharkar
19. Consolidated Table on Accounting Standards - Jayesh Thakur

Courtesy :Chamber of Income Tax Consultants ( June, 2001 )

Notifications -

• Accounting Standard - 11(Revised) on accounting for 'The effects of changes in foreign exchange rates'

• Guidelines on compliance with Accounting Standards (AS) by banks

  • Format for Disclosure under segment reporting - AS 17

  • Format for Related Party Disclosures as per Accounting Standard 18