June 23, 2008

Withdrawal of two Guidance Notes of Research Committee

The Council, at its 278th meeting, held on May 13-15, 2008, has decided to withdraw the following two Guidance Notes of the Research Committee, as the same are no longer relevant in the present day context:

  • GN(A) 1 (Revised 1976) - Mode of Valuation of Fixed Assets

  • GN(A) 4 (Issued 1982) - Guidance Note on Accounting for Changing Prices



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