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Investment allowance reserve.

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(Querist)
07 March 2009 Pls. guide me what is Investment allowance reserve, and his treatment.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
08 March 2009 Changes on Revaulation of Investment is to credited to Investment allowance reserve and further dimunition in value is first to be charged to it and then to the income statement.

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