Related to section 198

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In section 198, there is one point that is "any change in carrying amount of an asset or of a liability recognized in equity reserves including surplus in profit and loss account on measurement of the asset or liability at fair value" . what does it mean? and how can i calculate this from financials?
Replies (4)
It means revaluation profit of asset or liability.
where i can find it in financial? i have check it but there is no note on revaluation of assets and liabilities in balance sheet
You could find it in other comprehensive income. Or there may not be any revaluation. Ask your senior.
okk thanks

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