banner_ad

Gold valuation entry in tally

766 views 1 replies

A company purchased gold in 2010, they want to valuate in 31 march, 2018, so my question is if they show as a investment of Rs. 200000.00 and in the end of march valuation is 300000.00, so what will be the effect in tally, please give me a brief descripttion.

Replies (1)
reevaluation of investments. as per AS 13 will affect.
as per standard values are to be disclosed based on nature of investment. weather it is long term investment or short term investment.
if long term nature investments we're valued at cost price itself.
if it is short term nature, values at lower of cost or net realisable value.
but in your case better to shown at cost only.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details