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Revaluation of Fixed Assets

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(Querist)
08 August 2008 1) in which circumstances revaluation of fixed assets can be done

2) is it necessary to revalue the fixed assets if pvt ltd co. becomes ltd co.

3) can company revalue its Fixed assets every year
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
08 August 2008 There is no statutory compulsion on revalue or not to revalue fixed assets. This is purely guided by business reasons.
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CA Chetan Patel

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CA Chetan Patel (Querist)
08 August 2008 in which circumstances revaluation of fixed assets can be done



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CA Chetan Patel

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CA Chetan Patel (Querist)
09 August 2008 amalgmation takeover merger etc

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