sale of part of building

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....ale of part of building<br> Query (Issue) Started By: - PARVEEN ARORA Dated:- 20-7-2013 Last Reply Date:- 23-7-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear All, Kindly guide me on issue on sa....

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....le of 1 Floor out of 4 Floors in a building by a construction company. actually want to know about both issue : 1) if land is purchased by construction company , it build 4 Floor building and sold ....

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....out 1 floor . 2) if 4 floor finished building was purchased by construction company and sold 1 floor from it. How to calculate the closing stock for the company Kindly oblige Reply By CA GOPALJI A....

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....GRAWAL: The Reply: You have to apportion the cost in both cases by approved valuation engineers.<br> Discussion Forum - Knowledge Sharing ....