Help me

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How to do Valuation for FOREIGN CURRENCY Creditors,Debtors and Closing Stock..whether Avg rate or closing rate??

pls advise me.

Replies (6)

These are to b valued at closing rate

Originally posted by : CA RICHA BOTHRA

These are to b valued at closing rate

Agree with Richa

value at closing rate ,agree with above

what is the tax treatment for the assessee  who was not a man or womens?

Originally posted by : Himanshu

what is the tax treatment for the assessee  who was not a man or womens?

If person is neither a senior citizen nor a woman then left category is Individual.

Have you got it Friend?

Originally posted by : Himanshu

what is the tax treatment for the assessee  who was not a man or womens?

if not a woman and senior citizen,its invidual's rate tht is applicable...but,adhaar cards provide 3rd gender option  for transgendered..n this is issue reg,their taxation is pending as few appelaed tht they shud b allowed to be liable as a woman(read long time back in newspaper,i dont know abt the judgement of the case...)


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