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Querist : Anonymous

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Querist : Anonymous (Querist)
29 August 2013 what is the treatment of stock, loss by theft in trading and p & L Account?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 August 2013 Abnormal loss- stock in the trading a/c. (loss can be debited to the extend of insurance claim receivable)

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