can u tell me wht is diff. btwn fair value and net realisable value?
Menu
difference
Replies (1)
Net realisable value is the amount realisable from the sale of an asset net of any cost required to sell the asset. Fair value is the net realisable value or the economic value whichever is greater. Economic value of the asset is the PV of the amount realisable from the asset during its expected life.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
