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Capitalization of expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2015

If we construct the furniture for our new office and expenses will be 10 lakh in which Rs.250000 will be labour expenses then please suggest the treatment
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 July 2015 Include labour expenses as part of furniture cost and capitalize it.

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