Net worth certificate cash

Jyoti Narang (Kkk) (1204 Points)

27 May 2022

how to take the value of Buffalo and cash for net worth certificate.what supporting docs required for both of them.

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8 Replies

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 27 May 2022

Physical verification of cash or balance in books if maintained

sabyasachi mukherjee (27574 Points)
Replied 29 May 2022

Net worth is seperate. Here physical verification of cash is not worth mentioning.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 30 May 2022

HOW NET WORTH MAY BE SEPARATE

sabyasachi mukherjee (27574 Points)
Replied 30 May 2022

Net worth is an aggregate of equity shares balance and retained earnings.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 30 May 2022

There is one more side for net worth i,e CA+FA-CL

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 30 May 2022

There is one more side for net worth i,e CA+FA-CL

sabyasachi mukherjee (27574 Points)
Replied 30 May 2022

long term loans are excluded.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 31 May 2022

I didnt mention long term loans

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