banner_ad

Trade investment v/s non trade investment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 December 2014 Investment made for replacement of asset- is trade/ non trade
Profile Image

Saravana Perumal Aiyathurai

Profile Image

Saravana Perumal Aiyathurai (Expert)
29 December 2014 To qualify a investment as trade investment it should aid in running the trade.
Ex: Money deposited with bank for providing bank guarantee to a foreign supplier.

In the present case you invested money somewhere to earn income, with out which your business can run. Hence it is a non trade investment only
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
29 December 2014 it is non trade. its not required for running of business.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
29 December 2014 it is non trade. its not required for running of business.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details