Hi...
Whether decline in the value of investment made in subsidiary company which is not listed to be provided in the books?
1 Replies
sivasubramanian
(articled assistant)
(79 Points)
Replied 21 June 2011
Irrespective of whether its a listed/unlisted co investment value should be brought down only when there is permanent dimunition (eg: a sick co./cash loss) in value.
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