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Placed to service date vs capitalisation date

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2015 Can Placed to service date with regard to a Fixed Asset be earlier than its capitalization date? Can depreciation be processed based on placed to service date and before capitalization date?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 July 2015 Capitalization in the books of accounts can be later and placed to service and charge of depreciation date can be earlier.

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