Gains and Losses on financial assets

Gains and Losses on financial assets measured at fair value through other comprehensive
income in accordance with Ind AS 109, ‘Financial Instruments’  Ind as 109,
‘Financial Instruments’ permits the recycling of such gains and losses on FVTOCI investments in instruments to Profit and Loss on disposal. As per the requirement of Schedule III they are presented as “Items that will be re-classified to profit or loss.”These Items will form part of book profit as and when they are reclassified to Profit and Loss.


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