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How can revaluation price and market value b different ? Based on what reason ?
Answers (3)
CA Suraj Lakhotia Admin
Revaluation amount as per AS 10 is Fair value Recoverable amount is FV less costs to sell as per AS 28
Sir it said market value not recoverable amount It said revaluation amount and market value is different in the same year…..I.e at the end of 4th year
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