Treatment of Land Development Cost in Books of Co.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 August 2010 Kindly tell me what is the treatment of land development cost in the books of the company.

Aditya Maheshwari (Expert)
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13 August 2010 Capitalise it in the value of the land.

CA SURENDRA KUMAR RAKHECHA (Expert)
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13 August 2010 Agreed.

The Heading would be :

Land & Land Development

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