AS 22 deals with which topic?
ALeases
BAccounting for Taxes on Income
CBorrowing Costs
DEarnings Per Share
Answer & Solution
Correct answer: B. Accounting for Taxes on Income
1. Step 1: Per the table in Ch 1, AS 22 = Accounting for Taxes on Income.
2. Step 2: Applicable from 01/04/2006.
3. Step 3: Hence (C) is correct.
_Source: ICAI BoS CA Inter Paper 1, Ch 1 "Introduction to Accounting Standards"_