Poonawalla fincorp
Poonawalla fincorp

Provision for diminution of investment

This query is : Resolved 
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(Querist)
21 June 2014 Can Provision for diminution of Investments be written back even if the Investments are not sold ?

The Investments is in the nature of quoted shares of companies.
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Rupesh Jain

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Rupesh Jain (Expert)
21 June 2014 no you can show at cost in balance sheet and market price in (bracket ) you can show.

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