Section 133 of Companies Act 2013 :-
Central Government to prescribe accounting standards.
The Central Government may prescribe the standards of accounting or any addendum thereto, as recommended by the Institute of Chartered Accountants of India, constituted under section 3 of the Chartered Accountants Act, 1949, in consultation with and after examination of the recommendations made by the National Financial Reporting Authority.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 133 Companies Act 1956 has been repealed.
Central Government to prescribe accounting standards.
The Central Government may prescribe the standards of accounting or any addendum thereto, as recommended by the Institute of Chartered Accountants of India, constituted under section 3 of the Chartered Accountants Act, 1949, in consultation with and after examination of the recommendations made by the National Financial Reporting Authority.
India's Important Case Laws and Landmark Judgments on Companies Act 2013.
Section 133 Companies Act 1956 has been repealed.
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