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... :)
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