ceneral Circular No.r*/20 16
                           F. No.01/01/2009-CL-V
                             Government of India
                          Ministry of Corporate Affairs

                                            Sth Floor, A Wing, Shastri Bhavan,
                                                       Dr R.P. Road, New Delhi
                                                        Dare& 276 April,2016
To

All Regional Directors,
AII Registrars of Companies,
All Stakeholders.


Subject: Clarification with regard to Companies (Accounting Standards)
         Amendment Rules 2016






Sir,

       Stakeholders have sought clarifications with regard to the accountlng
period   fo. which the accounts would need to be prepared using the
Accounting Standards, as amended tirough the Companies (Accounting
Standards) Amendment Rules, 2016. The matter has been examined in the
Ministry and    it is hereby clarifled that the amended   Accounting Standards
should be used for preparation         of   accounts   for   accounting periods
commencing on or after the date of notification.
       This issues with the approval of the competent authority.


                                                                 Yours faithfullv
                                                                                '
                                                                     .A .t.
                                                                     qtL
                                                                (Sudhir Kapoor)
                                                                Deputy Director
Copy to:-

l. e-Governance Section and web contents Officer to place this circular on
the Ministry website
2. Cuard File