Menu
final acc
Power and plant goes into trading acc or profit and loss acc?
Replies (6)
In trading if used for manufacturing otherwise p& l
yes.. agreed with ma'am
What if nothing is mentioned? We can put a note on it in exam?
if nothing is mentioned take it in trading account and mention a note that it is assumed that it is for manufacturing
Okay thanks!
welcome😊
Recent Threads
- AIS NOT OPEN
- ICICI BHARAT 22 FOF AND NASDAQ 100 FOF CAP GAIN TA
- Schdule BFLA and CFL Error regarding adjustment of
- CIRCULAR WITH RESPECT TO WAIVER OF INCOME TAX OUTS
- How does opting for 44AD impact speculative income
- New GSTR 1
- Purchase and sale of land , showroom, building
- GTA provides services to unregistered person.GST i
- TDS on Sale of Ancestral property
- Tds on transport contractor
Related Threads
CAclubindia
