Govt. given a land to a NGO for school. no lease rent was fixed. lease is for 20 years.
at what value land should be shown in balance sheet\ of NGO.
Govt. given a land to a NGO for school. no lease rent was fixed. lease is for 20 years.
at what value land should be shown in balance sheet\ of NGO.
It should be show at very low value... Refer AS 12
| Originally posted by : Arvind | ||
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It should be show at very low value... Refer AS 12 |
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say 100 rs.
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