No updates found in last 7 days.

Q & A

1335 Views 1 Ans

We have done fair valuation of warrants due to which there is notional profit arising and credited to p/l and so do we need to reduce this amount from profit while calculating for CSR


Posted By: Sanjay solanki 6 year(s) ago

This question has been closed if you want to answer,you have to re-open.

    CA Siddharth Inamdar

I think Notional profit not to be credited to profit and loss account but to revaluation reserve or to statement of other comprehensive income as per Ind -AS.

  • Comment
  •   Comment (0)