Security deposit received from tenants treatment
This query is : Resolved
04 November 2014
Dear Team,
Security Deposit received from tenants at the time of initial AGREEMENT what will be treatment Latter on, say at the time of Receiving we just shown as LAibility and while making the payment same will be adjusted in Security Deposit account.
Now the Question Arises weather thesame will be conisered in cash flow or not as the money came in and same has been hold as Liability and repaid
Please advise.
Security Deposit received from tenants at the time of initial AGREEMENT what will be treatment Latter on, say at the time of Receiving we just shown as LAibility and while making the payment same will be adjusted in Security Deposit account.
Now the Question Arises weather thesame will be conisered in cash flow or not as the money came in and same has been hold as Liability and repaid
Please advise.
04 November 2014
same shall be considered and form part of CASH FLOW.
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
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR validation error - Balance sheet is not filled
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 1: Details for showing Exempt Income
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
