CONVERSATION OF CAPITAL ASSET INTO STOCK IN TRADE
Devin Taunk (22 Points)
16 August 2022
where to show conversation of capital asset into stock in trade in ITR.
Devin Taunk (22 Points)
16 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(167138 Points)
Replied 16 August 2022
File ITR 3, Declare the capital gain arrived along with the inventories in Balance sheet.
Devin Taunk
(22 Points)
Replied 16 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(167138 Points)
Replied 16 August 2022
No special provision, new inventory will be visible under current assets in Schedule BS....
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
