Valuation of the closing stock of shares on the basis of “since ...
Clause 8 of AS-4: Valuing Closing Stock of Shares Using "Since Realized Value" for Post-Balance Sheet Events.
December 14, 2018
Case Laws Income Tax HC
Valuation of the closing stock of shares on the basis of “since realized value” - such contingencies are clearly covered in Clause 8 of AS-4, which deals with events occurring after the balance sheet date.
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