Mutual fund market value provision in partner ship firm
This query is : Resolved
07 June 2019
we have partnership firm and buy f/y 2018-19 mutual fund in firm of rs.32,00,000/- as on 31st march market value is rs.34,68,500/- we required provision for mutual fund market value entry or not
Amol S Joglekar
(Expert)
07 June 2019
you do not have to prepare the accounts on market value.
In the notes, you can give the market value of investment in MF
In the notes, you can give the market value of investment in MF
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