Physical Stock Verification for Spares
Aniket Kumar (99 Points)
06 June 2021Can physical stock verification process be used to identify closing stock at year-end?
Aniket Kumar (99 Points)
06 June 2021
CA.S.Pradeep B.Com.,FCA.,
(CA in practice)
(105 Points)
Replied 06 June 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 07 June 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 07 June 2021
Yes go through as10 to classify spare parts inventory from expenses and their capitalisation criteria. Then do stock evaluation.
Aniket Kumar
(99 Points)
Replied 07 June 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 07 June 2021
Sure Mr. Aniket I have attached and here is the link : https://www.mca.gov.in/Ministry/pdf/AS.pdf
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)