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Capitalization of expenses

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(Querist)
02 March 2015 Hello, I want to know whether expenses to avail loan for acquisition of asset can be capitalized to claim depreciation on same. Thanks in advance.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 March 2015 you need to follow as 16 on borrowing cost to see whether to capitalise or not

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