As per the concept of conservatism expected losses are to be considered and expected profits are to be ignored but as per AS 29 profits which are certain to get are to be considered?
whether this make any difference? if there what it may be...?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
