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Please Help: valuation of investments in VCF

Posted Date : 21-Apr-2015 , 12:05:48 pm | Posted By: Geetika Mittal

Category : Audit | Answers : 0| Comments : 0| Hits: 120

I am carrying out the statutory audit of an NBFC and it has made investments in venture capital funds. They wants to value those investments at cost while NAV is low. Can anybody share any circular/notification in this regard.

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