when we revalue our assets like building then in such case is it taxable or not
or only taxable when realised by way of selling
Menu
Income tax on revaluation
Replies (2)
Yes it's taxable only at the time of sale...and depreciation claim on without revaluation effect
Income tax on revaluation.
Recent Topic
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
Related Topics
CAclubindia
