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Revaluation of land

This query is : Resolved 
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(Querist)
06 June 2009 DearSir.

Comapny revalued land on the basic of Sub registerar valu which availavle at site.

is the revaluation done by co is correct.

If no, then how can management revalued land and on which basic,


With regards
R Sharma
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
06 June 2009 revaluation done by co is correct.revaluation surplus is to be tfd to revaluation reserve.

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