Menu
Revaluation Reserves
ICAI has withdrawn during 2015 the Guidance Note on treatment of revaluation reserves of fixed assets. what is the latest position of the same. thank you in advance.
Replies (2)
Guidance note is cancelled, which is issued in the year 1982.
for revaluation of fixed asset, just follow AS 10 Property, Plant and Equipment
Thank you. what about revaluation of intangible assets viz software etc.?
Recent Topic
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
Related Topics
CAclubindia
