Menu
Incometax
any change in carrying value of asset when fixed asset converted in to investment?
Replies (10)
Yes ......... FMV
Can you quote the relevant section too?
Thankyou sir for your response
Most Welcome, Dear ...
What willbe the effect if INDAS is not applicable??
Cost price method was also applicable
Is it mean that it can be recorded in orginal cost??
Yes, but the reasoning should be acceptable
Thanks for your valuable response
Recent Threads
- Foreign professional income.
- RCM Paid by NBFC
- TDS not deposited by the deductor
- Electricity bill check online – need guidanc
- Assessmet Procedure us 147
- My deduction under 80 g is wrong and I should have
- GST utility 3.2.3 json not generating
- SCh FA declaration - guidance on the filling of th
- Foreign income and bank account
- Unorganised chit amount
Related Threads
CAclubindia
