Section 61A in The Companies (Indian Accounting Standards) Rules, 2015
61A. Current tax and deferred tax shall be recognized outside profit or loss if the tax relates to items that are recognized, in the same or a different period, outside profit or loss. Therefore, current tax and deferred tax that relates to items that are recognized, in the same or a different period:
(a)in other comprehensive income, shall be recognized in other comprehensive income (see paragraph 62).(b)directly in equity, shall be recognized directly in equity (see paragraph 62A).
