HOW IS YEAR ENDING STOCK VALUED IN A MANUFACTURING UNIT?
WHAT ALL POINTS ARE TO BE KEPT IN MIND WHILE DOING SO?
PLEASE EXPLAIN
THANK YOU,
REGARDS,
DEVENDRA
Menu
Stock Valuation
Replies (1)
at cost , FIFO system, exclusive or inclusive of tax as per accounting pattern used in the unit.
certain percent of materials may remain in "work in progress" it may be certified by the owner or management.
Recent Topics :
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
- Is it possible to get a refund for an accidental o
- ITR-3 Section P&L - speculative income - no bo
- Foreign Assets reporting
Related Topics :
CAclubindia
