Agricultural land in balance sheet
This query is : Resolved
02 February 2022
hello,
i have agricultural land also have its valuation certificate of that agricultural land, certified by the government. can I show the government valuation amount in my Balance Sheet Asset Side under Fixed Asset comprising Agricultural Land?
i have agricultural land also have its valuation certificate of that agricultural land, certified by the government. can I show the government valuation amount in my Balance Sheet Asset Side under Fixed Asset comprising Agricultural Land?
CA R SEETHARAMAN
(Expert)
02 February 2022
Yes, you can show as proposed.
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