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Land & buildings


18 December 2014 HI to all..

in the previous year company had purchased a land and shown in balance sheet respectively.
in the present financial year they built one building on the said land.....

at the end of the financial year:
1) whether, can show land and buildings seperately with their values or collectively.

how to show in accounts and as well as in income tax.

23 January 2015 kindly help me

in this maater....






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