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This query is : Resolved 

(Querist)
26 April 2010 we are developers. on our one site, making temporary tent for labour on this tent make with bamboo+steel sheet. so my query is this expenses comes under which head in P&L a/c

CA Shiv (Expert)
26 April 2010 as a friendly advice, show it in purchases only as a regular material for construction.

26 April 2010 My view,It can be debited to temporary site shed under fixed asset and write off the useful period

26 April 2010 100% depreciation allowed.


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