Valuation of Investment
This query is : Resolved
24 May 2011
What is the treatment of "loss due to fall in Market Value of Shares" in computation of total income?
U S Sharma
(Expert)
24 May 2011
no such provision
investment would stay at cost untill it is booked/ sold.
investment would stay at cost untill it is booked/ sold.
24 May 2011
Hi Satheesh,
Actually thats depends on the nature of investments i.e Held for maturity or Available for trade (IFRS). If it is AFS then change in Market value will not have any effect on P&L and if the investment is held for trading purpose then the unrealized gain or loss will charge to P&L.
Regards
Amit
Actually thats depends on the nature of investments i.e Held for maturity or Available for trade (IFRS). If it is AFS then change in Market value will not have any effect on P&L and if the investment is held for trading purpose then the unrealized gain or loss will charge to P&L.
Regards
Amit
24 May 2011
then the effect for unrealized gain or loss will go to the P&L and value of the investment in B/S will be reduced by the same amount.
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