Gains and Losses from investment

Gains and Losses from investments in equity instruments designated at fair value through other comprehensive income in accordance with Ind AS 109 ‘Financial Instruments’ As per Para B5.7.1 Ind AS 109, ‘Financial Instruments’ prohibits the recycling of such gains and
losses on FVTOCI investments in equity instruments to Profit and Loss on disposal. As per the requirement of Schedule III they are presented as “Items that will not be re-classified to profit or loss.” As per first proviso to sub-section (2A) gains or Losses from such investments credited/debited to other comprehensive income shall not be adjusted in the book profit.



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