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134 Points Joined June 2017
sir hamare ek clint ne agriculture land sale kiya hai rs 3 crore me . buyer se inhone 50 lakh advance liya hai f/ y 22/23 me kya hum is advance ko capital me add kare ya liabilities me advance recived dikhaye please batayiye. a land sale ka baki ka amount aane me 2 saal aur lagenge .a sale deal cancel bhi nahi hogi
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On 05 August 2023 at 10:50 Report
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SEO Sai Gr. Hosp.
211555 Points Joined July 2016

Registry kab kiye?       

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On 05 August 2023 at 11:33
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Chartered Accountant
24588 Points Joined November 2019
It's an advance received against sale of land is to be shown in liabilities side over advances
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On 05 August 2023 at 11:37
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134 Points Joined June 2017
Regestry nahi huwi hai sir sirf ek agreement huwa hai jaise hi pura amount miljayega tab register hoga sir
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On 05 August 2023 at 11:51
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SEO Sai Gr. Hosp.
211555 Points Joined July 2016

Toh possession dene ka sawal hi nahi uthta.

Isse bayana hi samjo. Jab tak registry nahi hoti isse capital me jama nahi kar sakte.

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On 05 August 2023 at 12:03
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Profession Business
28196 Points Joined May 2017
Capital asset cr.
Advance for land Dr.
Assume this is a real estate developer hence so in his books once the project is established . The project is launched then this advance gets credited and transferred to the project. I hope Sourav understands.The land standing in the land estate developer books is an asset.
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On 05 August 2023 at 15:52
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134 Points Joined June 2017
Thank u all
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On 05 August 2023 at 16:20
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Chartered Accountant
24588 Points Joined November 2019
You're welcome
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On 05 August 2023 at 18:43

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