alleryStart learning →A vacant building held for letting is what?
AInventory held for sale
BInvestment property
COwner-occupied property
DHeld-for-sale asset
Answer & Solution
Correct answer: B. Investment property
A building held to be let under operating leases qualifies as investment property even while vacant.
Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property
Browse all Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property questions for CA Final, or explore more Financialreporting topics.
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