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MCA issues Schedule III for Ind AS Compliant NBFCs

October 16, 2018[2018] 98 taxmann.com 244 (Article)
The Ministry of Corporate Affairs (MCA) has issued Schedule III Division III Financial Statements for a Non-Banking Financial Company (NBFC) whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015 along with general instructions for preparation of financial statements for NBFCs applying Indian Accounting Standards (Ind AS) vide circular dated 11 October 2018.
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