Section 58(b) in The Companies (Indian Accounting Standards) Rules, 2015
(b)Other contingent consideration that:(i)is within the scope of Ind AS 109 shall be measured at fair value at each reporting date and changes in fair value shall be recognized in profit or loss in accordance with Ind AS 109.(ii)is not within the scope of Ind AS 109 shall be measured at fair value at each reporting date and changes in fair value shall be recognized in profit or loss.
