Journal Entry of REIT in the hands of Share Holders
Himanshu jain (student) (63 Points)
05 August 2021Himanshu jain (student) (63 Points)
05 August 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3293 Points)
Replied 06 August 2021
distributions of income profits and capital gains by the REIT are treated as income from a property rental business in the hands of investors. so credit profit and loss account in final accounts
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