Recognition of land value
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2010
What are the documents to be verified for the amount shown as land in the Balance Sheet?
31 December 2010
REgistered purchase agreement and description of land known as saat barra.
31 December 2010
1. TITLE DEED TO BE IN THE NAME OF THE ORGANISATION.
2. REVENUE RECORDS (PATWARI RECORDS ,I.E. MUTATION IN CASE OF AGRICUTURAL LAND) OR IN CASE OF SOME DEVELOPMENT AUTHORITY OF STATE GOVERNMENT OR CENTRAL GOVERNMENT, NAME OF ORGANISATION SHOULD HAVE BEEN REGISTERED AS OWNER OF PROPERTY.
3. FOR VALUE PART PRICE DECLARED IN SALE DEED + STAMP DUTY + ANY COMMISSION PAID + ANY EXPENSES ON DEVELOPMENT OF THAT LAND.
2. REVENUE RECORDS (PATWARI RECORDS ,I.E. MUTATION IN CASE OF AGRICUTURAL LAND) OR IN CASE OF SOME DEVELOPMENT AUTHORITY OF STATE GOVERNMENT OR CENTRAL GOVERNMENT, NAME OF ORGANISATION SHOULD HAVE BEEN REGISTERED AS OWNER OF PROPERTY.
3. FOR VALUE PART PRICE DECLARED IN SALE DEED + STAMP DUTY + ANY COMMISSION PAID + ANY EXPENSES ON DEVELOPMENT OF THAT 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?
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- 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
Trending Online Classes
CAclubindia
