The Kerala High Court has held that the stipulation under Clause 16 of the Income Computation and Disclosure Standards for the adoption of first-in, first-out or weighted average cost for valuation of the stock or inventory cannot be applied in the Assessment Year 2017-2018 for the valuation of the opening stock, as the opening and closing stock of the year …
The issue or transfer of equity shares or other securities invariably involves the valuation of the underlying company. c. transferred by a person resident outside India to a person resident in India shall not exceed: the price worked out in accordance with the relevant Securities and Exchange Board of India guidelines in case of a listed Indian company; a) the …
To attract potential suitors, the government will ease asset valuation norms for Air India by allowing bidders to put in offers on an enterprise value basis, a source said on Monday. The deadline for Air India bid is proposed to be extended till December 15,” the source told PTI. This would be the fifth extension to the Air India bid …
