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Fixed assets capitalisation-as 6 (Accounts)

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This query is : Resolved

Author : Anonymous

( Author )
28 July 2012

 Would you please advise me whether....Companies Act emphasizes upon the fixed asset-ready-to use" concept while, tax law talks about the "put-to-use" concept.

Seeking confirmation for the above.


Naresh Kansala

( Expert )
02 August 2012

 Yes u r right



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