{"id":2092,"date":"2025-08-24T20:15:02","date_gmt":"2025-08-24T20:15:02","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=2092"},"modified":"2025-08-24T20:15:05","modified_gmt":"2025-08-24T20:15:05","slug":"company-law-notification-dated-13-08-2025-amendment-to-companies-indian-accounting-standards-rules","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/08\/24\/company-law-notification-dated-13-08-2025-amendment-to-companies-indian-accounting-standards-rules\/","title":{"rendered":"Company Law Notification Dated 13\/08\/2025 &#8211; Amendment to Companies Indian Accounting Standards Rules\u00a0"},"content":{"rendered":"\n<p>The changes include revised application of Ind AS 101 for first-time adopters regarding lease classification. Ind AS 107 and Ind AS 7 include new disclosure requirements for supplier finance arrangements, allowing user to assess their impact on liabilities and cash flows. Ind AS 1 now contains refined criteria for classifying liabilities as current or non-current, specifically addressing the effect of covenants and the right to defer settlement. The amendments to Ind AS 12 introduce an exception for deferred tax related to Pillar Two income taxes from global tax reform and mandate new disclosures about a company\u2019s exposure to this tax.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=wRDrrfaJaL%252F2cThrSUigXg%253D%253D&amp;type=open\"><em>(Link: MCA Notification Dated 13\/08\/2025)<\/em><\/a><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The changes include revised application of Ind AS 101 for first-time adopters regarding lease classification. Ind AS 107 and Ind [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[9,47],"tags":[],"class_list":["post-2092","post","type-post","status-publish","format-standard","hentry","category-company-law","category-notifications-company-law"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Law Notification Dated 13\/08\/2025 - Amendment to Companies Indian Accounting Standards Rules\u00a0 - Bhatia Bhola &amp; Associates LLP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/08\/24\/company-law-notification-dated-13-08-2025-amendment-to-companies-indian-accounting-standards-rules\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Company Law Notification Dated 13\/08\/2025 - Amendment to Companies Indian Accounting Standards Rules\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The changes include revised application of Ind AS 101 for first-time adopters regarding lease classification. 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