general

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2010 sir in as-24 there is one sentence which i didnt understood could u explain me.a sentence is "Discontinuing ,even if relatively abruptly,several products within an ongoing line of business".

Srikant

Srikant (Expert)
Follow

23 June 2010 Say for example ITC.
ITC is running large no. of Business lines.
Suppose ITC choose to stop producing BINGO or say "Sunfeast" or say "Superia".
The above is an example of discontinuance, but the line of business is still open and running.
So the line is Discontinuing at relatively abruptly.
Hope u understand the example.
Please note ITC name is taken just for example.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vinod Patil

SANJAY GAIROLA

Rajat Khandelwal

CA. Urmila Mahalwal

velichety.l.narasimharao

Subscribe Now

general

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Accountant

GST CONSULTANT

Senior Executive

Manager- Finance and Compliance

GST CONSULTANCY