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Jay buchjay buch asked 2 years ago

Plz explain the term “reasonable period of time”as written in book .In video you said that it should be 3 yrs in case of fixed asset and 1 yr in case of inventory…is it a part of law or guidance not or is it a generally accepted industry practice?

1 Answers
RaviRavi Staff answered 2 years ago

it is clearly mentioned in guidance note on caro, each and every point is confirmed from guidance note

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