As-19 & us gaap
This query is : Resolved
10 January 2012
I am a company, I acquire a land for 99 years. What is the treatment of these lease and aslo specify the types of lease----As per indian AS & US GAAP ?
Thanks
Thanks
Maninder Jain
(Expert)
11 January 2012
The historical cost of the land should be written off over the useful life of the asset
11 January 2012
plz clarify how land is written off i.e. land is not a depreciable asset.
Thanks
Thanks
11 January 2012
plz clarify how land is written off i.e. land is not a depreciable asset.
Thanks
Thanks
18 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
