How to do Valuation for FOREIGN CURRENCY Creditors,Debtors and Closing Stock..whether Avg rate or closing rate??
pls advise me.
6 Replies
CA RICHA BADALIA
(CA,CS)
(1682 Points)
Replied 13 October 2011
These are to b valued at closing rate
Netraraj
(account assistant)
(87 Points)
Replied 13 October 2011
| Originally posted by : CA RICHA BOTHRA | ||
 |
These are to b valued at closing rate |
 |
Agree with Richa
valji
(Accounts manager-MBA)
(2150 Points)
Replied 13 October 2011
value at closing rate ,agree with above
Himanshu
(student)
(22 Points)
Replied 13 October 2011
what is the tax treatment for the assessee who was not a man or womens?
Shashi Bhushan
(Learner, Jalandhar)
(996 Points)
Replied 13 October 2011
| Originally posted by : Himanshu | ||
|
|
what is the tax treatment for the assessee who was not a man or womens? |
|
If person is neither a senior citizen nor a woman then left category is Individual.
Have you got it Friend?
ravi
(unemployed)
(185 Points)
Replied 14 October 2011
| Originally posted by : Himanshu | ||
|
|
what is the tax treatment for the assessee who was not a man or womens? |
|
if not a woman and senior citizen,its invidual's rate tht is applicable...but,adhaar cards provide 3rd gender option for transgendered..n this is issue reg,their taxation is pending as few appelaed tht they shud b allowed to be liable as a woman(read long time back in newspaper,i dont know abt the judgement of the case...)
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