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CONVERSATION OF CAPITAL ASSET INTO STOCK IN TRADE

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22 Points Posted on 16 August 2022
where to show conversation of capital asset into stock in trade in ITR.
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On 16 August 2022 at 12:35 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 16 August 2022

File ITR 3, Declare the capital gain arrived along with the inventories in Balance sheet.

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On 16 August 2022 at 13:27
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22 Points Posted on 16 August 2022
Is there any separate tab where it can be declared or it is to be shown seperately
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On 16 August 2022 at 14:29
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SEO Sai Gr. Hosp.
211715 Points Posted on 16 August 2022

No special provision, new inventory will be visible under current assets in Schedule BS....

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On 16 August 2022 at 16:40


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