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Capitalisation of expenses

This query is : Resolved 

13 December 2013 A person hire a property on rent for 10 years.

he has capitalised the expenses of renovation of property such as electric work, tiles, wash basin, etc.

is doing so is correct (answer yes/no in which section) why

Thanks

13 December 2013 ,it can be done,but it is required to be depreciated for (over the period of lease/hire)



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