Showing property in balance sheet
This query is : Resolved
19 April 2014
dear sir,
one of my client purchased flat in the year 2004,
but he didn't showed this amt. in balance sheet
so now could it be possible to show in balnce sheet in the year 2014 and if possible dan how.
one of my client purchased flat in the year 2004,
but he didn't showed this amt. in balance sheet
so now could it be possible to show in balnce sheet in the year 2014 and if possible dan how.
19 April 2014
you are not mention the whose B/S client personal B/S or client business B/S
if you are showing in his personal balance sheet then you see what the source of cash/bank for purchasing the flat.
then you can show this.
same in the business.
if you are showing in his personal balance sheet then you see what the source of cash/bank for purchasing the flat.
then you can show this.
same in the business.
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
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Missed TDS
- IT returns for fresh job holders
- F&O reporting in ITR
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
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
