Non-trade investment

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 November 2011 What is the meaning of non-trade investment and trade investment? Kindly explain with examples. Please give the answer from the point of view of a non-investment company.

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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12 November 2011 Trade investment is for promoting the business for instance investment in parnterships, associates, subsidiaries etc.

others are non trade.

Note that trade doesnt mean here investments held only buying and selling

Querist : Anonymous

Querist : Anonymous (Querist)

12 November 2011 Is there ant material or guidance issued by the Institute in this regard?

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CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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19 November 2011 there is no guidence in this regard but some of the standards covers
1.AS 13
2.AS.21
3.AS.23
4.AS.27