Query on valuation / decleration
This query is : Resolved
srigopal bhattad
(Querist)
20 September 2016
Query : XYZ had a 25 gm necklace include of 10 crt diamond in 1997
which has been declared. Now after making it is 30 gm necklace and 15crt diamond after making.
Can someone please guide me how to take the effect now ?
which has been declared. Now after making it is 30 gm necklace and 15crt diamond after making.
Can someone please guide me how to take the effect now ?
Amol S Joglekar
(Expert)
21 September 2016
the additional cost ( of making + of material) shall be added to your jewellery account, in your books
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GSTR9 Annual Return
- Employee secondment
- Ito add credit side of bank
- Gift to nri relatives resides in usa
- IMS (import of goods) ITC related
- Applicability of tax on invoice
- LLP audit and disclosure
- Form 144 TDS Return Validation Error – Mandatory Fields
- Rent agreement of House of deceased person
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
