Hello
Is there a requirement in CARO to report about impairment Losses in Fixed assets.?
As far as i have seen there is no requirement.
Pls guide me in this issue
Hello
Is there a requirement in CARO to report about impairment Losses in Fixed assets.?
As far as i have seen there is no requirement.
Pls guide me in this issue
no requirement
Clause 4(i)(A) Require full particulars regarding Fixed Assets. Impairment is the important aspect of fixed asset. YOU SHOULD CONSIDER & REPORT THE SAME.
impairment loss need not be reported in CARO.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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