Menu
clarification
Under what head in the balance sheet should Investment made in the form of shares in a housing co-operative be disclosed . Is it right to show this amount as a part of building or should it disclosed as an investment ?
Replies (1)
should it disclosed as an investment
because it is not a expance to purchase the house and when u sale home then share is urs
and if society say that shareholder r get one home who has one share then it 'll add in cost of house
Recent Topic
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
