The Ind-AS 103 is related to which category? – InterviewSolution

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1.	The Ind-AS 103 is related to which category?
Answer» On July 26, 2020, Ministry of Corporate Affairs, Government of India amended the Indian Accounting Standards related to leasing. The Ind-AS 103, 116 and other standards have been amended. The Ind-AS 103 is related to business combinations. On the other hand, Ind-AS 116 standard is related to principles for presentation, recognition and disclosure of leases.

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