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Manual - ICDS VIII : Securities
For subsequent measurement of securities held as stock-intrade, the securities are first aggregated category wise. The aggregate cost and NRV of each category of security are compared and the lower of the two is to be taken as carrying value as per ICDS-VIII.
Valuation of securities: aggregate category wise cost compared with net realisable value, lower amount taken as carrying value. For subsequent measurement under ICDS VIII, securities held as stock in trade are aggregated category wise; for each category the aggregate cost and aggregate net realisable value are compared, and the lower of the two is taken as the carrying value.
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