Revaluation of current assets
This query is : Resolved
23 April 2013
Can revaluation of current asset i.e,(land) can be done?? (or)
Can revaluation of stock in trade of land be done?
Can revaluation of stock in trade of land be done?
06 August 2013
Current asset cannot be revalued. land is normally fixed asset, in case you having in stock. valuation can be down on cost basis
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
- Transport service POS
- To Whom the Invoice should be Raise to
- E INVOICE, E-WAY, INVOICE
- INCOME TAX NOTICE QUESTION
- E stamp paper purchase
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Regarding claiming exemption under section 54ec
- PLACE OF SUPPLY FOR COMMISSION AGENT
- Capital gain on sale of resident house by non-resident Indian
- Whether to file ITC 03 for downward GST rate revision - Reg.
- Distinct person & regular person POS
- TDS- late filing - U/s.234E
- Assessee have two pan cards.unable to answer the reassessment proceedings due to non linking aadhar
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- Revision under Section 264 in The Income Tax Act, 1961
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
