Convergence or divergence: New reporting standards in India

August 28 2014

India has announced the adoption of IFRS converged standards for financial reporting and tax accounting standards for the computation of taxable income. Sai Venkateshwaran, partner and head of the accounting advisory services group at KPMG in India analyses the impact and challenges of these announcements.

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Feature Direct Tax Compliance Management ITR Magazine September 2014 India Asia-Pacific

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