treatment in case when the investment propert is half constructed?
will it be capital wip or investment property..cost
incurre3 till date will be shown in?
2 Replies
Ravi Duseja
(Article)
(132 Points)
Replied 27 November 2019
If It is to be used for Business Purpose : PPE.
For Capital appreciation / renting : Investment Property.
in Case You are Builder : Inventory.
For Capital appreciation / renting : Investment Property.
in Case You are Builder : Inventory.
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