Notional Capital Gain on Land

This query is : Resolved 

09 December 2016 What is Accounting Treatment of Notional Capital Gain in Books of Accounts..? Experts plzzz help me

11 December 2016 You need not account for any notional capital gain in books of account

11 December 2016 But if we show it in Our Balance Sheet then...?


11 December 2016 Why ? are you revaluing assets ?



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