Easy Office
LCI Learning

Depreciation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 September 2015 In the rented premises expenditure has been incurred on renovation like flooring, electrical work, plumbing etc.

The amount is not re imbursible from landlord.

In this case the expenditure should be capitalised ?
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
05 September 2015 No need to capitalize, since improvements done by tenant on rented premises is revenue expenditure.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links