If maturity of non current investments is within 12 months from date of balance sheet then would the non current investments be transfer to current investments,other current assets or they will remain in non current investments?

Yes! When non-current investments are to mature within 12 months, they become 'Current Investments' for the business concern. Therefore, these should be shown under the main head of 'Current Assets ' and the sub-head of 'Current Investments'.

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