Capital Gain and Loss
This query is : Resolved
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Mahesh Jadhav
(Querist)
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 ?
Dhirajlal Rambhia
(Expert)
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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Dhirajlal Rambhia
(Expert)
12 September 2024
Good Luck.
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