At what cases Assets and liabilities of the company are revalued
Krishnan K
CA Inter
★ 5K+
13-May-23 20:14
609
Answers (1)
These guidances are given by respective standards.
For e.g PPE would be revalued if the entity follows revaluation model under AS-10.
Similarly some liabilities which are carried at Fair value would be revalued.
