my father construct a building,The land is in the name of my father. can I add some of value of building construction at my balance sheet. if yes then plz tell me the section
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Quick Summary
This discussion addresses whether you can add the value of a building to your balance sheet when the land is registered in your father's name. The general consensus is that you cannot directly add this value. However, it may be possible if you form a joint company with your father, with his explicit consent.