Section 95 in The Companies (Indian Accounting Standards) Rules, 2015
95. An entity shall disclose and consistently follow its policy for determining when transfers between levels of the fair value hierarchy are deemed to have occurred in accordance with paragraph 93(c) and (e)(iv). The policy about the timing of recognising transfers shall be the same for transfers into the levels as for transfers out of the levels. Examples of policies for determining the timing of transfers include the following:
(a)the date of the event or change in circumstances that caused the transfer.(b)the beginning of the reporting period.(c)the end of the reporting period.
