Liabilities kept after disposal fall under which Standard?
AInd AS 36
BInd AS 37
CInd AS 38
DInd AS 40
Answer & Solution
Correct answer: B. Ind AS 37
Retained liabilities such as warranties or similar obligations fall under Ind AS 37 on provisions.
Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property
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