New building construction

This query is : Open

jigna (Querist)
Follow

17 March 2016 if any company is constructing a new factory building at another place than what kind of expense consider under that building cost

Ankur Singhal

Ankur Singhal (Expert)
Follow

17 March 2016 Dear
Expenses incurred to build the building will constitute cost of building.
Example
Material cost
Labour cost
Electric fitting
Flooring and ceiling.
Etc.

jigna

jigna (Querist)
Follow

23 March 2016 Thanks but can u say that electric bill paid of that new construction building in cash more than rs.20000 bcz cheque payment not allowed by pgvcl co. than that expense allowed as revenue expense