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Investment accounts

This query is : Resolved 
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(Querist)
08 February 2014 Hello!

Can anyone please let me know the treatment for sale of rights?(Renouncing of rights)

Are the sale proceeds of rights to be credited to P&L a/c or to be credited to Investments a/c so as to reduce the cost of investment?


-Thanking You in advance!!!
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 February 2014 Rfere AS 13 ON THIS ISSUE.

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