Section 93(a) in The Companies (Indian Accounting Standards) Rules, 2015
(a)for recurring and non-recurring fair value measurements, the fair value measurement at the end of the reporting period, and for non-recurring fair value measurements, the reasons for the measurement. Recurring fair value measurements of assets or liabilities are those that other Ind ASs require or permit in the balance sheet at the end of each reporting period. Non-recurring fair value measurements of assets or liabilities are those that other Ind ASs require or permit in the balance sheet in particular circumstances (e.g. when an entity measures an asset held for sale at fair value less costs to sell in accordance with Ind AS 105, Non-current Assets Held for Sale and Discontinued Operations, because the asset's fair value less costs to sell is lower than its carrying amount).
