What is CAPITAL ADVANCE
This query is : Resolved
Quick Summary
14 June 2020
Advances paid towards acquisition of tangible assets outstanding at each Balance Sheet date are disclosed as Capital Advances under ‘other Non-current Assets’ in Financial Statements.
https://mca.gov.in/Ministry/pdf/Ind_AS27.pdf
https://mca.gov.in/Ministry/pdf/Ind_AS27.pdf
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
- 44AD VS 44AB AUDIT
- Purchase of property from NRI
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- GST APPLICABILITY TO DIAGNOSTIC
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- How to pay tds on mhada property
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- Query Regarding Refund Adjustment Against Outstanding Demand
- ITC claim on vehicle parts and repairing
- TDS Intimation(Short Deduction)
- TDS short payment of Rs 120 — how to adjust in new TRACES
- ITR WITH 0 TURNOVER
- Invoice wrongly made on another GSTIN
- Value of Perquisite Sec.10 (10CC)
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
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
