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As 14

punnam chandu (student) (38 Points)

25 February 2014

investment property means

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Suman Kumawat (Article) (612 Points)
Replied 25 February 2014

Dear punnam, Investment property is in AS13 It is an investment in land or building that is not intended to be occupied substantially for use by or in their operation of the investing enterprise. For e.g. if a company purchases land or building not for its business use but for earning the rent by letting the land or building; the land or building is not fixed asset but it is an investment or even if building is not let out but is held with the intention to earn capital appreciation, then it is an investment

punnam chandu (student) (38 Points)
Replied 25 February 2014

Same example I have in my book yarrr tell me in different example plzzzz

Suman Kumawat (Article) (612 Points)
Replied 25 February 2014

It is like purchasing the house property but not using it to stay for self..

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