1. Methods under IND AS 115 2. Treatment under IND As 116 3. Advance tax dates 4. Treatment of rent under ind as 116 5. Rate for pv discounting of fmc 6. Changes in schedule III 7. Warranty treatment

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The interviewee is asked about methods, treatment, advance tax dates, rent, discounting rate, changes in schedule III, and warranty treatment.

IND AS 115 outlines the revenue recognition principles for contracts with customers
IND AS 116 outlines the accounting treatment for leases
Advance tax dates are the dates by which taxpayers must pay a certain percentage of their estimated tax liability
Under IND AS 116, rent is recognized as an expense over the lease term
The rate for PV discounting of FMC is determined based on the risk associated with the cash flows
Changes in Schedule III refer to the changes made to the format of financial statements
Warranty treatment involves recognizing the expected cost of fulfilling warranties as a liability

1. Methods under IND AS 115 2. Treatment under IND As 116 3. Advance tax dates 4. Treatment of rent under ind as 116 5. Rate for pv discounting of fmc 6. Changes in schedule III 7. Warranty treatment

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