Construction Co.
This query is : Resolved
16 October 2008
How & When can the land owner recognised the land revenue & how the accounting under construction company has been made .
Required detailed information if any regarding construction Co. in both accounting & income tax aspects
Thaks for reading
Regards
Shobhit
Required detailed information if any regarding construction Co. in both accounting & income tax aspects
Thaks for reading
Regards
Shobhit
Guest
Guest
(Expert)
16 October 2008
The accounting for construction company follows the AS-8"Accounting for construction company" and revenue is also recognised as per AS-8.
Kindly study the AS-8 for deep and clear knowledge about it
Kindly study the AS-8 for deep and clear knowledge about it
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