Non-trade investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 November 2011
What is the meaning of non-trade investment and trade investment? Kindly explain with examples. Please give the answer from the point of view of a non-investment company.
12 November 2011
Trade investment is for promoting the business for instance investment in parnterships, associates, subsidiaries etc.
others are non trade.
Note that trade doesnt mean here investments held only buying and selling
others are non trade.
Note that trade doesnt mean here investments held only buying and selling
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 November 2011
Is there ant material or guidance issued by the Institute in this regard?
19 November 2011
there is no guidence in this regard but some of the standards covers
1.AS 13
2.AS.21
3.AS.23
4.AS.27
1.AS 13
2.AS.21
3.AS.23
4.AS.27
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