AS 13

Accountancy

If the loss is permanent in case of Long Term Investment, should we write it as - Value to be reduced OR Provision for Diminution to be made?

Kriti Iyer

CA Inter

★ 3K+

28-Apr-23 01:50

442

Answers (1)

You will create provision and then u are going to reduce cost of inv.

Sugam SM

CA Final

★ 9K+

28-Apr-23 02:44

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AS 13

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