As 10 vs as 28
This query is : Resolved
Aditya Ramesh
(Querist)
05 August 2015
What is the difference between Revaluation as per AS 10 & Impairment as per AS 28?
Arpit Shah
(Expert)
05 August 2015
https://www.icaiknowledgegateway.org/media/k2/attachments/AS_10_Accounting_for_Fixed_Assets.pdf
Arpit Shah
(Expert)
05 August 2015
https://www.icaiknowledgegateway.org/littledms/folder1/as-28-impairment-of-assets-part-1.pdf
05 August 2015
Revaluation means making current valuation of asset by a valuer which may be appreciation or depreciation of value as per as 10
Impairment means refer this link
https://taxguru.in/finance/overview-impairment-assets-comparative-analysis-28-indian-as36.html
Impairment means refer this link
https://taxguru.in/finance/overview-impairment-assets-comparative-analysis-28-indian-as36.html
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