Particulars IFRS US GAAP  Indian GAAP
Exceptional items Does not use the term but, require separate disclosure of items that are of such size, incidence or nature that their separate discourse is necessary to explain the performance of the entity. Similar to IFRS, but individually significant items are presented on the face of the income statement and disclosed in the notes. Similar to IFRS, except that the Companies Act uses the term exceptional items.
Extraordinary items Prohibited Defined as being both infrequent and unusual, and are rare. Negative goodwill is presented as an extraordinary item. Defined  as events or transactions clearly distinct from the ordinary activities of the entity and are not expected to recur frequently and regularly
Statement of recognised income and expense (SOCE)/ Other comprehensive­   income and statement of accumulated other comprehensive income A SOCE can be presented as a primary statement, in which case a statement of changes in shareholders’ equity is not presented. Alternatively it may be disclosed separately in the primary statement of changes in shareholders’ equity. Total comprehensive income and accumulated other comprehensive income are disclosed, presented either as a separate primary statement or combined with the income statement or with the statement of changes in stockholders’ equity. Not Required