Menu
type of loss
If a property developer paid advance towards plot but the transaction could not be completed & payee forfeit the amount then its a business or capital loss to a property developer/builder ????
Replies (1)
it is a business loss for property builder.
Recent Threads
- CCI Forum gets fresh Look ! Share your views
- Presumptive taxation 44AD BLOCK PERIOD
- FORM 27Q FILING
- TDS for Advance Maintenance
- GST on product purchased at MRP
- TDS on Joining Bonus
- How to complete form10E Table details for the year
- How to submit ITR for old F&O losses
- Can an Software Engineer be termed as a workman an
- PF withdrawal in IT
Related Threads
CAclubindia
