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Land Mutation, Registry and Conversion Charge treatment

This query is : Resolved 

10 June 2021 What would be the accounting treatment of expenses incurred towards Land mutation charges, registry charges and land conversion fees under the two scenario:

1. If Land registry, mutation and conversion fees are reimbursable by the Govt under a scheme?
2. No such scheme is there?

Thanks in Advance

Regards

10 June 2021 1 Keep it under receivable.
2 Capitalise to land.



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