Sr. No.

Accounting Standard Title

Applicability Date

Last Revised on

ASI

AS 1

Disclosure of Accounting Policies

1-4-1993

AS 2

Valuation of Inventories

1-4-1999

ASI 2

AS 3

Cash Flow Statements

1-4-2001

AS 4

Contingencies and Events Occurring after the Balance Sheet Date

1-4-1995

AS 5

Net Profit or Loss for the period, Prior Period and Extraordinary Items and Changes in Accounting Policies

1-4-1996

AS 6

Depreciation Accounting

1-4-1995

AS 7

Construction Contracts (revised 2003)28-05-2002

1-4-2003

ASI 29

AS 8

Accounting for Research and Development

1-4-1993

AS 9

Revenue Recognition

1-4-1993

ASI 14

AS 10

Accounting for Fixed Assets

1-4-1993

ASI 10

AS 11

The Effects of Changes in Foreign Exchange Rates (Revised 2003)

1-4-2004

AS 12

Accounting for Government Grants

1-4-1994

AS 13

Accounting for Investments

1-4-1995

AS 14

Accounting for Amalgamations

1-4-1995

14-01-2004(LR)

AS 15

Accounting for Retirement Benefits in the Financial Statement of Employers

1-4-1995

AS 16

Borrowing Costs

1-4-2000

ASI 1, 10

AS 17

Segment Reporting

1-4-2001

ASI 20, 22

AS 18

Related Party Disclosures

1-4-2001

ASI 13, 19, 21, 23

AS 19

Leases

1-4-2001

AS 20

Earnings Per Share

1-4-2001

14-01-2004 (LR)

ASI 12

AS 21

Consolidated Financial Statements

1-4-2001

ASI 8, 15, 24, 25, 26, 28

AS 22

Accounting for taxes on income

1-4-2002

ASI 3, 5, 6, 7, 9, 11

AS 23

Accounting for Investments in Associates in Consolidated Financial Statements

1-4-2002

ASI 8, 16, 17, 18

AS 24

Discontinuing Operations08-02-2002

1-4-2004

AS 25

Interim Financial Reporting10-02-2002

1-4-2002

14-01-2004(LR)

29-06-2004(LR)

ASI 27

AS 26

Intangible Assets21-02-2002

1-4-2003

CAJ Nov03, CAJ Apr04 17-03-2004(LR)

AS 27

Financial Reporting of Interests in Joint Ventures13-02-2002

1-4-2002

14-01-2004 (LR)

ASI 8, 28

AS 28

Impairment of Assets30-05-2002

1-4-2004

AS 29

Provisions,Contingent Liabilities and Contingent Assets

1-4-2004