Inventory as per CARO includes Shares or not ... Means for an Investment Co. is Second Point of CARO is Applicable???
1 Replies
Arvind Sharma
(ACA)
(1432 Points)
Replied 16 June 2011
yes..., CARO Para 4(ii) concern with Inventories and in case of Stock/Shares held as Stock in trade, the same will be reportable... :)
Recent Topics
- Richest Chartered Accountant in India alive
- GST LIABILITY FOR DENTAL PRACTICE
- Concessional GST rate
- Status suddenly changed to Processed with Demand d
- Tax on STCG and LTCG
- Can father lets out his commercial property to son
- Report Swiggy and Zomato Sale
- GST-R1 2021-22
- Place of Supply under GST when recipient is regist
- Income tax Basic exemptions and Capital gains
Related Threads
Trending Online Classes
CAclubindia
