Gift deed
This query is : Resolved
22 February 2012
Hello Sir,
I would like to know,if anybody gift their Land to relative as per gift deed,in that case how will i entry in books,to whom i debited?land is showing in books,but now after gift to relative,how to be enter in tally......
I would like to know,if anybody gift their Land to relative as per gift deed,in that case how will i entry in books,to whom i debited?land is showing in books,but now after gift to relative,how to be enter in tally......
22 February 2012
When you Gift Land your capital will reduce....Entry will be...
Capital A/c Dr...
To Land A/c..
(Being land gifted to .......)
Capital A/c Dr...
To Land A/c..
(Being land gifted to .......)
Message likes :
1 times
22 February 2012
Thanks lot Sir..
22 February 2012
Thanks lot Sir..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registration in the state of maharashtra
- Service Provider GST
- After retirement
- 44AD PRESUMPTIVE RATE ON CREDIT SALES
- Input tax credit on modular office kitchen
- Input tax credit on officw kitchen furniture fixed to wall and drawers
- What is turnover in case of intra day trading?
- Merger of twu units under same PAN
- Section 192 2B
- TDS on video/ photos edit
- Input Credit available in Credit ledger
- If the GSTR1 filed after due date and the invoices mentioned GSTR1-A, will we be able to claim ITC o
- REGARDING RETIREMENT OF PARTNER
- Regarding consequences of retirement of partner in firm
- Time Limit for Availment of ITC laying in ITC Reversal Ledger
- Tally entry - Debit note
- Debit Note of GST amount
- Regarding ITC taken or not
- GSTP registered individual should apply gstin for trading business
- Liability for GST registration in case of commission agent dealing in the sale of land.
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
