What is entry of Home (urgent)
Meet Parekh (76 Points)
29 March 2021Meet Parekh (76 Points)
29 March 2021
akshat sharma
(student)
(24 Points)
Replied 29 March 2021
Murtaza I Bhagat
(Tax & Finance Consultant)
(10523 Points)
Replied 29 March 2021
Aayush Munje
(63 Points)
Replied 29 March 2021
Murtaza I Bhagat
(Tax & Finance Consultant)
(10523 Points)
Replied 29 March 2021
stamp duty and registration fees are not business expenses so not to give effect in P&L it should be capitalized.
Kapadia Pravin
(17259 Points)
Replied 29 March 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 29 March 2021
Stamp Duty and Registration Charges are capital expenses and must be needed to add in the cost of the house.