How to finalised builder balance sheet
This query is : Resolved
23 December 2011
Sir/Madam,
please some one sugest about how to finalised account if builder build building. the landowner & builder agree with aggrement to build building & pay some money to land owner and also half part of building to land owner i.e.50-50 agreement. all expenses beared by only builder. and half portion of building builder can sell any one. in this situation how to calculate land cost & building cost if that building compleated in three year.
please some one sugest about how to finalised account if builder build building. the landowner & builder agree with aggrement to build building & pay some money to land owner and also half part of building to land owner i.e.50-50 agreement. all expenses beared by only builder. and half portion of building builder can sell any one. in this situation how to calculate land cost & building cost if that building compleated in three year.
25 December 2011
Market value of land will be considered for cost of land or value of consideration offered to land owner will be considered.
26 December 2011
Market value of land will be cosidered for cost of land.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
