This refers to the editorial "A profitable punchayet?” (Parsiana, December 21, 2024-January 6, 2025). Yes, a profitable Punchayet which uses its profits to fulfill its social and charitable purposes is desirable. But though we are collectively resolved to get there, we have many miles to go.
While analyzing the Bombay Parsi Punchayet’s (BPP) 2023-24 balance sheet, you have raised the query: "Which property did the BPP sell?” The answer is that the BPP has sold none of its properties in 2023-24.
Navsari Building C on erstwhile BPP property
Photo: Jasmine D. Driver
The accounting entries presumably being referred to are actually for......