Western India Regional Council of
The Institute of Chartered Accountants of India

Law Update Details

 
May 2019 CA. Rahul Joglekar, CA. Premal Gandhi
 
  1. Manufacturing activities in LLPs:

Manufacturing & allied activities were restricted in LLPs vide OM No. CRC/LLP/e-Forms dated 06.03.2019. This OM invoking the restriction regarding manufacturing & allied activities has been withdrawn with immediate effect.


  1. Companies (Indian Accounting Standards) Amendment Rules, 2019.

Amended Indian Accounting Standard (Ind AS) 101 as well as Ind AS 116, Leases shall be applicable from 1st Day of April 2019.

 

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