Current asset

This query is : Resolved 

26 March 2015 Does Store and spare kept for plant and machinery for more than 1 year falls under the category of current assets?

26 March 2015 ya usually they wil come under the head stock.... until it becames a dead stock

26 March 2015 but sir, it as per schedule VI the same should be realised within 12 months or companies WC cycle. How will you justify it.


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