Dhanunjay Harnadh (CA - Final) (77 Points)
06 May 2010can any one suggest me the difference between Trade investment and Non Trade investment.
Ankit CA and CS
(Manager - Accounts)
(204 Points)
Replied 06 May 2010
Trase Investment is an Investment other than an investment in subsidiary which one co. makes into another co. to promote its business and Non trade investment are other than trade investment.
But some company discloses investment in subsidiary under trade and some under non trade... Trade investment is not as such defined anywhere. But dis defination is our database...
CAclubindia
