alleryStart learning →Which Standard covers owner-occupied property?
AInd AS 2
BInd AS 40
CInd AS 38
DInd AS 16
Answer & Solution
Correct answer: D. Ind AS 16
Owner-occupied property is accounted for under Ind AS 16 on Property, Plant and Equipment.
Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property
Browse all Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property questions for CA Final, or explore more Financialreporting topics.
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