valuation of stock in trade in case of real estate business
This query is : Resolved
CA Bharat Agarwal
(Querist)
14 July 2011
My query is that what is the method of valuation of closing stock in case of business of real estate.
U S Sharma
(Expert)
14 July 2011
at cost or at realisable market value which ever is lower.
hshivakumar
(Expert)
15 July 2011
you have follow AS-7
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