my father construct a building,The land is in the name of my father.
can I add some of value of building construction at my balance sheet. if yes then plz tell me the section
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 30 July 2022
No , You Can not add value of building in your balance sheet, which stands in your father's name .
sabyasachi mukherjee
(27579 Points)
Replied 30 July 2022
you can, provided you form a company jointly which must hv consent of both.
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