Questions regarding Assets and Depreciation

[wsafca]

Dear Kamran bhai

I got your point..

I think i am waek in english, thats why people could not understand what i says.

I didnot said, IAS 24 allows this and that. I was actualy asking IAS 24 must have been prohibiting this (i.e giving asset free of cost).

IAS 24 prohibits as you mentioned
Related parties transactions have to be on fair values (IAS 24 and Fourth schedule to CO84 and listing regulations); and if it does not happen regulators are there to investigate the substance.

I am clear and thanks to you

I would like to mention here that, actualy i was looking somebody to teach me ,as I have to give exams of Module E, some one told me about this forum. I am here with a view to learn from the seniors.

Comments are for discussion not for contention

Hoping your assistance

Regards

Waqas Shabbir