BALANCE SHEET INHERITED PROPERTY


04 March 2017 Do I need to show the properties which I have inherited in the balance sheet

04 March 2017 Yes. you can take valuation as on assets received date and accordingly show in balance sheet

04 March 2017 is it mandatory..what if I don't?


04 March 2017 You are asking for individual or business ?

05 March 2017 individual

05 March 2017 Yes. it is required to show for proper disclosure



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