Is it possible to capitalise building for which no approval has been taken from state government. If we capitalise it, what will the treatment at the time if permission denied by state government.
Menu
Capitalisation of building
Replies (1)
What type of building is this? & what approval do you want to get from the state government.
As far as I know, the building needs to get registered with the sub-registrar by paying the stamp duty & registration fees, after whihc you become the legal owner of the building.
Recent Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
