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Gas pipeline cost

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 April 2015 Hi,

Our company is installing Mahanagar Gas pipeline costing Approx. Rs.35 Lakhs.

Can anybody tell me whether we should capitalize or expense off this cost.
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Vishnu Saboo

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Vishnu Saboo (Expert)
30 April 2015 yes, in my opinion it must be capitalized

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