AS 13

Ex: If you are member of a housing cooperative society, and holding shares in the society gives right in the the flat of the society then cost of such shares should be added to the value of the investment in the books of the account

Sudha Reddy

CA Final

★ 20K+

15-Mar-22 10:59

When shares held by an enterprise in another company entitles the enterprise to have a right in properties of the company like land or building, it should be recorded as an investment property rather than investment in shares in the books of the investing enterprise. Am I right, mam?

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

15-Mar-22 11:12

Yes

Sudha Reddy

CA Final

★ 20K+

15-Mar-22 11:17

Ok mam.

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

15-Mar-22 11:19