Companies (Indian Accounting Standards) Rules 2015 – Bare Act

Companies (Indian Accounting Standards) Rules 2015 [Bare Act] by Taxmann presents a comprehensive and updated compilation of India's statutory framework for the application of Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act 2013.

This Edition reproduces the authentic and consolidated text of the Rules, as amended up to September 2025, along with relevant definitions, applicability criteria, exemptions, and the complete Annexure containing all notified Indian Accounting Standards (Ind AS 101 to Ind AS 116 and beyond).

The book serves as the authoritative reference for understanding how Indian companies are required to prepare and present financial statements in accordance with Ind AS, which has been converged with IFRS.

This book is intended for the following audience:

• Chartered Accountants, Auditors & Financial Controllers – Implementing Ind AS-based financial reporting
• Corporate Accountants & Compliance Officers – Responsible for statutory compliance under the Companies Act
• Company Secretaries & Legal Advisors – Interpreting accounting rule notifications and amendments
• Regulators, Academicians & Researchers – Studying financial reporting reforms and IFRS convergence
• Students of Accounting & Corporate Law – Preparing for CA, CMA, CS, and other professional examinations

The Present Publication is the 2026 Edition, covering the amended and updated text of the Companies (Indian Accounting Standards) Rules [GSR 111(E); Dated 16-02-2015], with the following noteworthy features:

• Authentic Reproduction – Full text of the Companies (Indian Accounting Standards) Rules 2015, along with all amendments up to date
• Comprehensive Coverage – Includes detailed definitions, scope, applicability, and compliance obligations
• Complete Annexure – Incorporates every Indian Accounting Standard (Ind AS) notified by the MCA, with cross-references to relevant IFRS
• Pre-amendment Provisions – Incorporates the text of provisions as they existed prior to the amendment in the respective amendment footnotes, enabling the reader to understand the legal position before the amendment and its applicability during the pre-amendment period
• User-friendly Structure – Indexed contents and rule-wise division for instant reference
• Reliable Source – Compiled directly from the official gazette with editorial integrity by Taxmann

The structure of the book is as follows:

• Rule-wise Presentation – Each Rule reproduced in full, followed by editorial notes and amendment references
• Sequential Annexure Layout – Each Ind AS is presented in order with page-wise indexing for quick navigation
• Referential Table of Contents – A detailed list at the beginning for fast access to individual standards
• General Instructions Section – Clarifies the purpose, conformity to law, and alignment with international standards