Property tax

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2017 if we pay property tax to a municipal department then
what entry should pass and in which head property tax need?

Ashiwini Ballodia (Expert)
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18 July 2017 At the time of purchase of property it is to be capitalised and at any other time it is to be transfer to expense

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