The Central Board of Direct taxes and the Institute of Chartered Accountants of India have jointly constituted a study group to identify direct tax issues arising from convergence of Indian Accounting Standards [IAS] with the International Financial Reporting Standards [IFRS].
The 1st meeting of the aforesaid Study Group was held on 6th January, 2010 in the head office of the Institute at New Delhi. The meeting was chaired by the President, ICAI.
The Group has invited suggestions, queries/comments relating to tax issues arising from implementation of IFRS. Further, it is desirable that the queries should be concept based.
Kindly send your comments to:
The Secretary,
Direct Taxes Committee
The Institute of Chartered Accountants of India
ICAI BHAWAN
A 94/4, Sector 58
Noida
Or Email your suggestions at dtc@icai.org
