Issue related to 56(2)(vii)
Gopnath Kumar (14 Points)
21 January 2021what amount will be added under the head of purchaser.
Gopnath Kumar (14 Points)
21 January 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 21 January 2021
It’s always the transaction cost that you have paid. This is because it is first valued at cost then in the next year, it can be valued at either cost or revaluation method
Kapadia Pravin
(17259 Points)
Replied 21 January 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 22 January 2021
Ok...do you think the unrealised gain should be disclosed as it cannot be initially recognised
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 23 January 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 23 January 2021
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 24 January 2021
Is this personal income....do what others are saying and I only prescribe for company accounts
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