close Change the way you learn with CCI Online Coaching   view more
Home > Experts > Taxpayers > Fixed asset coverted into stock in trade


Please Wait ..

Sign-in to your account

Username:
Password:

Remember Me

Forgot your password?

Sign-up now


Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Fixed asset coverted into stock in trade (Taxpayers)

Report Abuse
This query is : Open

Author : Anonymous

( Author )
24 June 2012

 Fixed asset held for sale are required to be valued at Cost or NRV whichever is less. Will this amounts to fixed asset coverted into stock in trade as per Income tax Act



Previous
Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :






submit

Quick Links