This is true if $A$ and $B$ are statements, but formulas are statements too, so I expect the answer to be yes. But let's consider this simple example:
Formula A: $$\sum_{k=0}^{n-1}x^k=\dfrac{1-x^n}{1-x}$$
Formula B: $$\sum_{k=0}^\infty x^k=\dfrac{1}{1-x},\,\,\,\, |x|<1$$
Proof that $A\to B$: Just take the limit $n\to \infty $ in $A$ assuming $|x|<1$.
Proof that $B\to A$: $$\sum_{k=0}^\infty x^k=\sum_{k=0}^{n-1}\sum_{m=0}^\infty x^{k+mn} = \sum_{k=0}^{n-1}x^k\cdot \sum_{m=0}^\infty x^{mn}$$ From this using $B$ we get $$\dfrac{1}{1-x}=\sum_{k=0}^{n-1}x^k\cdot \dfrac{1}{1-x^n},\,\,\,\, |x|<1 $$ So we get that $A$ is true if $|x|<1$. But the condition $|x|<1$ can be dropped because this is a polynomial relation, thus $A$ follows.
But clearly $A$ and $B$ are not equivalent. Am I missing something here?