Mudigandur Soumyamudigandur soumya asked 11 months ago
1 Answers
RaviRavi Staff answered 11 months ago

Indian joint venture has taken use useful life as per Ind AS as per for Standalone financial statements to be reported in india.
But for sending financial statements to germany so that they can used for consolidation in germany useful life is adjusted so that it is similar to venturer company in germany is correct approach, so that consolidation can happen easily. This is correct approach by management 

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