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Property

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how to account for a property purchased? asset dr to tds to builder but then what about stamp duty , maintenance , advance payment etc in tally
Replies (3)

All these expenditure will also be capitalised along with value of property.

Entry will be property Dr.   amount of expenditure

Cr. Cash/Bank/Party

so how to account for stamp duty , maintenance , advance payment and tds ?

YTou give me the value, I will post the Entry.


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