https://www.taxtmi.com/news?id=14313 ICDS VIII requires securities held as stock in trade to be recognised and initially measured at actual cost (purchase price plus acquisition costs); exchanges use fair value as cost and accrued pre-acquisition interest is deducted. At year end securities are measured at the lower of actual cost and net realizable value by specified categories, cost calculated using FIFO; unlisted or irregularly quoted listed securities are valued at actual cost and opening balances mirror prior year closing. en-us Thu, 09 Apr 2015 11:46:16 +0530 Thu, 09 Apr 2015 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14313 ICDS VIII requires securities held as stock in trade to be recognised and initially measured at actual cost (purchase price plus acquisition costs); exchanges use fair value as cost and accrued pre-acquisition interest is deducted. At year end securities are measured at the lower of actual cost and net realizable value by specified categories, cost calculated using FIFO; unlisted or irregularly quoted listed securities are valued at actual cost and opening balances mirror prior year closing. News - Thu, 09 Apr 2015 11:46:16 +0530 https://www.taxtmi.com/news?id=14313