mannu singh (3 Points)
21 July 2018I HAVE A CASE , my client purchase a property rs6200000. + 310000 rs of stamping, he is in bangladesh , i have to show this property (flat) in his wife balance sheet how could i do that . how i pass entry in tally and how could i show in balance sheet
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 21 July 2018
WHERE IT IS INVESTMENT OR ASSETS OF COMPANY ??
1. IF IT IS FOR BUSINESS SO JOURNAL ENTRY
LAND & BUILDING A/C .... DR.
. TO PART A/C
2. IF IT IS INVESTMENT SO SHOW UNDER NON-CURRENTS ASSETS
mannu singh
(3 Points)
Replied 21 July 2018
SIR I M NOT UNDERSTAND LET ME SEE U TRANSACTION
JOUNRAL ENTRY FOR FLAT 6200000
STAMP DUTY 310000
TELL ME THESE TWO TRANSACTION ENTRY
RAMESH PATEL
(STUDENT)
(93 Points)
Replied 24 July 2018
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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