Construction Value


Anonymous
watch_later 1 month, 3 weeks ago

Sir,

I.t. assess construction for commerical building new strated in f.y.2019-2020.

Some construction expenses Rs.5 lacs payment through cash mode( above 10 thousand limit).

Some construction expenses Rs.12 lacs payment through on bank account payee mode.

Total construction expenses cash and bank mode Rs.17 lacs in f.y.2019-2020.

Question:

Construction expenses value amount Rs.12 lacs or 17 lacs show in accounting books. And cash expenses above 10 thousand transaction depreciation claimed eligible or not.

  • chatComments

No answers yet, if you know the answer help us.

Did Not get Answer?

Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.

Ask your Question

You need to be logged in to answer.

Never File Wrong GSTR-1

Check your GST numbers in bulk. Check unlimited GST numbers with very cheap packages.

Used by
Ask Question