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Himanshu jain (student)     05 August 2021

Journal Entry of REIT in the hands of Share Holders

What will be the journal entries of amount received from REIT?

 2 Replies

Rama chary Rachakonda

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)     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

Himanshu jain

Himanshu jain (student)     06 August 2021

Ok sir thanks

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