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Loss on investments

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2012 What is d treatment of loss of investments according to accounting standards if it is a normal loss or an substantial loss???
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
20 September 2012 Loss on sale of investment shall be separately shown under "gain/loss on sale of investment" in pnl a/c irrespective of the amount of loss.

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