Capital Gain and Loss
This query is : Resolved
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27 July 2023
Hi,
What should be the accounting effect for Capital gain and Loss ?
Should I consider Grandfathering cost in Accounting ?
What should be the accounting effect for Capital gain and Loss ?
Should I consider Grandfathering cost in Accounting ?
27 July 2023
No grandfathering effect in accounting. There the capital gain will be as actual.
Only during calculation of tax liability, the grandfathering plays in.
Only during calculation of tax liability, the grandfathering plays in.
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12 September 2024
Good Luck.
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