Query in Form 23ACA.

This query is : Resolved

Guest

Guest (Querist)

17 February 2010 Dear Experts,

I may post my query for your views / guidance :

Page 3 of Form 23ACA - II. Financial Parameters - 6. Rent

Whether the Head 'Rent' represents the Rental Income or Expenditure.

I shall wait for your views / guidance.

Thanks.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 February 2010 Sir
As per my understanding, a clarification is needed from MCA authorities. In the absence of that, in the case of non service oriented companies, I used to show rental income in the referred column. Whereas rental expenses will be grouped in other expenditure in page 2 in part B clause 1.

Ankur Garg

Ankur Garg (Expert)
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17 February 2010 Even am doing the same thing. According to me it is rental income.

Regards

Guest

Guest (Querist)

17 February 2010 Sirs, Thanks for your views. I will follow.

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