How do we value the shares held as stock-in trade (Current asset)?
Should we value at cost or market rate whichever is lower? or market rate only? Which AS would apply?
Also which market rate should we take? 31st of march ? or date of preparation of accounts/audit?
Shaswat initial support private limited
Ahmedabad
CS
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R P S K & Associates
Nashik
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
