Impairement of asset
CA Bikash Ranjan Das ACA, CMA (Chartered Accountant) (53 Points)
29 April 2016
How to avoid impairment of Assets. ...Thanking you..
1 Replies
Sandeep Garg
(Consolidation and IndAS Application)
(1056 Points)
Replied 30 April 2016
auditor asks for 3rd party valuation report. If value of asset is more than carrying value then impairment is not required. so you need to manage the valuation report.
Recent Topics
- Advance Tax For Freelancers
- Is fvu 8.8 version available ?
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
- GSTR9 Table 8 - 8A and 8B difference is 4D(1). in
- Eway Bill query for inter state
- Taxability of income in USA of resident oci holder
- Clarity regarding Sec 16(4)
Related Threads
CAclubindia
