19 February 2013
Is upward revaluation of Investments is possible / allowed by any means for an Unlisted company for its investments in the shares of any other listed company ?
for e.g.
if XYZ Pvt. Ltd. has purchsed 100 shares of Reliance @ 100Rs/share, then can it show its investments @ Rs. 850 (assuming Rs. 850 is the current market value of a Reliance share)in its Balance Sheet.
CAclubindia
