Gold jewellery comes under which head in balance sheet
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Querist : Anonymous
Querist :
Anonymous
(Querist)
29 November 2016
Sir,
Gold jewellery comes under which head in balance sheet of itr 4
Thanks in Advance
Gold jewellery comes under which head in balance sheet of itr 4
Thanks in Advance
KAVIRAJA ADDANGADI
(Expert)
29 November 2016
You have to consider Gold and jewellery under Fixed Asset at purchase cost.
CA Pallav Singhania
(Expert)
30 November 2016
Jewellery should be shown as investment at cost ( until there is a permanent decline in the cost).
Dhirajlal Rambhia
(Expert)
03 October 2021
For Jewelers, having business of the gold jewelry, it will be under 'Stock in Trade.
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