accounts
This query is : Resolved
28 October 2010
To whom it may concern
if a father gifts his son a building then at what value should it be shown in sons books of accounts
1)MArket Value at the time of gift
or
2)the same value as it was shown in fathers books of accounts
if a father gifts his son a building then at what value should it be shown in sons books of accounts
1)MArket Value at the time of gift
or
2)the same value as it was shown in fathers books of accounts
29 October 2010
hi varun kedia,
at same value as shown in father books of accounts means book value.
at same value as shown in father books of accounts means book value.
30 October 2010
ok thank u mam!
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