Painting to be capitalised
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2011
Dear friends
Painting of the building (hotel with lodging)
to be capitalized or to be claimed as repair
ex:
Bulding value 1crore
Painting 5 lakhs
Painting of the building (hotel with lodging)
to be capitalized or to be claimed as repair
ex:
Bulding value 1crore
Painting 5 lakhs
01 March 2011
If the painting is done for first time then it should be capitalised. But if it is done second time or after the the same should be claimed as repairs to the building.
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