12 June 2011
sir I sanjay speaking. I want to know about the expenses to be taken in the business of investment and sale of property. Kindly advise. Kindly give the detail of expenses. It is urgent. thanks and regards sanjay
13 June 2011
Expenses of Investment is depends on nature of investment (like Stock, Land & Building, Financing etc.) So clear this first which type of investment business you are operating.
In sale of property you can show expenses like:
Travelling Expenses A/c. Business Promotion Exp. A/c. Legal and Professional Exp. A/c Conveyance Exp. A/c. Commissioning and Brokage Exp. A/c. Salary A/c. Documentation Exp. A/c. etc.