|Particulars||IFRS||US GAAP||Indian GAAP|
|Capital instruments – purchase of own shares||Show as deduction from equity.||Similar to IFRS.||Purchase is permitted in limited circumstances subject to the provisions under the Companies Act.
On purchase, such shares are required to be cancelled I.e. cannot be kept as treasure share
|Dividends on ordinary equity shares||Presented as a deduction in the statement of changes in shareholders’ equity in the period when authorized by shareholders. Dividends are accounted in the year when declared.||Similar to IFRS.||Presented as an appropriation to the income statement. Dividend are accounted in the year when proposed|
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