How to Value Investments held as Stock in Trade
Sameer Medhekar (Student) (4140 Points)
28 December 2008How to Value Investments held as Stock in Trade
Jaydip H. Trivedi
(Accounting Income Tax Servoces VAT servoces LIC services & Finance consultancy)
(184 Points)
Replied 29 December 2008
Investments held as stock-in-trade should be valued at the cost of market value, whichever is less.
R.Suresh
(Sr. Executive)
(394 Points)
Replied 01 January 2009
Cost or market price whichever is less.
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