Assets brought in by sole proprietor along with capital.


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 October 2013 How to determine the value of assets brought in by the proprietor for starting a business.
(a)if the original cost of the asset is known.
(b)if the original cost of the asset is not known.

11 October 2013 Both the cases asset need to be valued as on the transfer date and record in the books. not to take the original cost

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 October 2013 which valuation method to be used while valuing the assets?

11 October 2013 Get some valuation report some experts for those assets or market value can be adopted


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details