VALUATION OF STOCK FOR BUILDERS

[HETAL MALIYA]

WHEN CONSTRUCTION IS NOT COMPLETED AND ALSO SALE DEED MADE AND FOR SOME FLATS ITS PENDING THEN HOW VALUATION OF STOCK AS WIP OR FINISH GOODS CAN BE DONE? AND HOW REVENUE CAN RECOGNISE?

​AND WHAT IF CONSTRUCTION IS COMPLETED IN ABOVE SITUATION??

AI Summary

Discussing Stock Valuation & Revenue Recognition for Builders with Incomplete Construction & Pending Sales A user inquired about the valuation of stock for builders when construction is incomplete, with some sale deeds pending, and how to recognize revenue in such scenarios. The question also addressed the situation if construction is completed. The response from another participant asked if the issue was clarified and invited further discussion for a detailed understanding.