Impairment Vs Investments
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2011
“A” Ltd is Pvt company started its operations in USA by creating its wholly owned subsidiary “B’ Inc. in USA. “B” Inc. has not generated any revenue & capital has been eroded during the last financial year. B Inc has not generate any business in last year & the revenue for B Inc was NIL.
Does AS 28 will be applicable “Impairment” of investment in the books of A Ltd or Whether A Ltd has to follow AS13 to account for investment.
Does AS 28 will be applicable “Impairment” of investment in the books of A Ltd or Whether A Ltd has to follow AS13 to account for investment.
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 April 2011
Please go throgh the Ltd revision of AS 28.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Ito add credit side of bank
- GSTR9 Annual Return
- RCM and same line
- Closer of business and itc of capital goods
- ARCA LOGIN
- Import of Capital Machine
- Upload Level ValidationITR3Category of Defect B/D
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- MSME Payment Sec.43B (h)
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
