AS-2
This query is : Resolved
CA.Ritu Agarwal
(Querist)
18 April 2009
RAW MATERIAL VALUED AT COST AND FINISHED AND WIP VALUED AT LOWER OF COST OR MARKET PRICE. CAN THE COMPANY DO SO.
PLEASE ANSWER
PLEASE ANSWER
CA. B.SRINIVASULU
(Expert)
18 April 2009
Yes. The company can do as above.
18 April 2009
Yes, it can be adopted in view of AS2.
19 April 2009
Yes
21 April 2009
yes
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