The Institute of Chartered Accountant of India ( ICAI ) has issued a clarification on Ind AS Technical Facilitation group (ITFG).
Ind AS Technical Facilitation Group (ITFG) of Ind AS Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability and /or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015, and other amendments finalised and notified till March 2019, raised by preparers, users and other stakeholders.
Ind AS Technical Facilitation Group (ITFG) considered some issues received from members and decided to issue clarifications.
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