Sub: Comments submitted by ICAI on Exposure Draft on Recognition of Deferred Tax Assets for Unrealized Losses- Proposed Amendment to IAS 12 issued by IASB
The International Accounting Standards Board (IASB) had issued an Exposure Draft on Recognition of Deferred Tax Assets for Unrealized Losses- Proposed Amendment to IAS 12 in August 2014 for the purpose of sending comments on the same, the last date for sending comments being December 18, 2014.
In this regard, the Exposure Draft was hosted on the website of the Institute of Chartered Accountants of India (www.icai.org) in September 2014 for public comments with last date as October 9, 2014. The Accounting Standards Board at its 215th meeting held on November 19, 2014 discussed and finalised the comments to be sent to the IASB.
The Institute of Chartered Accountants of India has submitted the final comments to the IASB on November 21, 2014. A copy of the comments submitted is available at the following link on the web-site of the Institute: http://220.227.161.86/35669asb25154.pdf
The International Accounting Standards Board (IASB) had issued an Exposure Draft on Recognition of Deferred Tax Assets for Unrealized Losses- Proposed Amendment to IAS 12 in August 2014 for the purpose of sending comments on the same, the last date for sending comments being December 18, 2014.
In this regard, the Exposure Draft was hosted on the website of the Institute of Chartered Accountants of India (www.icai.org) in September 2014 for public comments with last date as October 9, 2014. The Accounting Standards Board at its 215th meeting held on November 19, 2014 discussed and finalised the comments to be sent to the IASB.
The Institute of Chartered Accountants of India has submitted the final comments to the IASB on November 21, 2014. A copy of the comments submitted is available at the following link on the web-site of the Institute: http://220.227.161.86/35669asb25154.pdf
