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How should the accounting records be modified in order to comply with the FBT?

April 26, 2017Accounting comply fbt modified records

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How should the accounting records be modified in order to comply with the FBT?

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There are no special requirements for accounting records under the FBT. However, the Institute of Chartered Accountants of India have advised Government that they will be issuing separate Accounting Standards to facilitate compliance with the provisions of the FBT.