How is brokerage treated paid for purchase of flat?
Menu
Accounting treatment
Replies (10)
Dear Amit,
You can take it as expenses for cost of acquisition and capitalise it.
Regards
You Can book under Professional fee and deduct TDS if it is exceeds limit
it should be capitalised as cost of acquisition
it could never be treated as revenue expenses.
but if the sale purchase of property is regular business than it would be treated as revenue
please funds flow statement excel format
It should be capitalised with cost of acquisition of flat
| Originally posted by : Aditya(future ca) | ||
 |
it could never be treated as revenue expenses. but if the sale purchase of property is regular business than it would be treated as revenue |
 |
I agree with Mr Shah
It should be Capitalized.
Recent Threads
- Why do so many SMEs struggle to scale?
- ITR Processing Delay 2025 — Common Reasons &
- Heard & Seen Around – Your Daily Economi
- First time itr4 filing
- Notice of not filing GSTR 10 after 7years
- Turnover not shown in GTSR -3B want to add and pay
- Suggestion needed for CA Inter Costing for Jan 26
- Heard & Seen Around – Your Daily Economi
- Longterm Capital gain exemption on sale of residen
- Purchase of second hand spares to machineries
Related Threads
CAclubindia
