DEAR SIR/MADAM,
HOW TO CACULATE PURCHASE VALUE OF LAND & WHAT IS ENTRY?
DETAILS ARE BELOW
Stamp Duty - 13,33,200/-
4) Valuation - Rs.1,90,45,000/-
5) Purchase Amt - DONATE
GANESH KUMAR KASHYAP (Private Job) (206 Points)
03 November 2015DEAR SIR/MADAM,
HOW TO CACULATE PURCHASE VALUE OF LAND & WHAT IS ENTRY?
DETAILS ARE BELOW
Stamp Duty - 13,33,200/-
4) Valuation - Rs.1,90,45,000/-
5) Purchase Amt - DONATE
CA SACHIN
(practice)
(115 Points)
Replied 03 November 2015
Ashpak Ali
(Finance Accounts Manager)
(87 Points)
Replied 04 November 2015
Stamp duty paid on puchase of land will be capitalisd.So the purchase of land cost is Stamp Duty + Valuation of Land
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