abhishreshthaa
Abhijeet S
c) HELD FOR TRADING :
i) The individual scrips are valued and the appreciation if any is ignored and depreciation is recognized in the P& L account. For valuation the market rates available on the Balance Sheet date from trades / quotes on the Stock exchange, SGL account transactions, price list of the RBI, prices declared by PDAI jointly with the FIOMMDA are adopted. Unquoted securities are valued as per the RBI guidelines.
ii) The book value of the individual scrip is not changed after each revaluation, wherever depreciation is effected, except as required by the RBI guidelines.
iii) Profit or loss in sale of investments in this category is accounted in the P and L account.
i) The individual scrips are valued and the appreciation if any is ignored and depreciation is recognized in the P& L account. For valuation the market rates available on the Balance Sheet date from trades / quotes on the Stock exchange, SGL account transactions, price list of the RBI, prices declared by PDAI jointly with the FIOMMDA are adopted. Unquoted securities are valued as per the RBI guidelines.
ii) The book value of the individual scrip is not changed after each revaluation, wherever depreciation is effected, except as required by the RBI guidelines.
iii) Profit or loss in sale of investments in this category is accounted in the P and L account.