Stamp duty Entry in tally

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ACCOUNTANT
45 Points Posted on 27 April 2020
I have paid Stamp duty on Morgage deeds.
so what entry will be passed in tally?
please mention head of stamp duty.
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On 27 April 2020 at 12:15 Report
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Quick Summary
Discussion on accounting entry for stamp duty paid on mortgage deed for business loan. Stamp duty is generally treated as �Preliminary Expenses� or �Legal & Professional Charges� depending on purpose. If related to loan renewal, it may be capitalized or treated as business expense in Tally.

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Owner
170 Points Posted on 27 April 2020
Here first you have clear for which purpose you made mortgage deed.. and you are accounting for business or personal purpose
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On 27 April 2020 at 20:38
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ACCOUNTANT
45 Points Posted on 28 April 2020
It was my for business purpose..
and purpose was for renewed my CC Loan from Bank
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On 28 April 2020 at 17:45
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empolyee
22 Points Posted on 13 September 2022

I have paid Stamp duty on New Flat. so what entry will be passed in tally? please mention head of stamp duty.

Read more at: https://www.caclubindia.com/forum/stamp-duty-entry-in-tally-546942.asp

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On 13 September 2022 at 09:31
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2 Points Posted on 20 March 2024

I have paid stamp duty  for business purpose loan

 

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On 20 March 2024 at 11:54

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