treatment in case when the investment propert is half constructed?
will it be capital wip or investment property..cost
incurre3 till date will be shown in?
Menu
Investment property
Replies (2)
Depends upon the purpose for which it is constructed.
If It is to be used for Business Purpose : PPE.
For Capital appreciation / renting : Investment Property.
in Case You are Builder : Inventory.
For Capital appreciation / renting : Investment Property.
in Case You are Builder : Inventory.
Recent Topics :
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
CAclubindia
