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Page 1: Scanned by CamScanner · IND AS 115 Revenue from Contracts with Customers. mandatory from reporting penods beginning on or after 1st April, 2018 replace the earlier revenue recognIOon

Scanned by CamScanner

Page 2: Scanned by CamScanner · IND AS 115 Revenue from Contracts with Customers. mandatory from reporting penods beginning on or after 1st April, 2018 replace the earlier revenue recognIOon

Scanned by CamScanner

Page 3: Scanned by CamScanner · IND AS 115 Revenue from Contracts with Customers. mandatory from reporting penods beginning on or after 1st April, 2018 replace the earlier revenue recognIOon

Scanned by CamScanner

Government Revenue and Spending. Mandatory payments known as taxes make up the vast majority of government revenue. Principles of Taxes: - Benefits Received:

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