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?
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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.
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