Accounting isses
This query is : Resolved
02 June 2018
Please let me know if a company procure a land for which brokerage paid to an agent whether the amount should be capitalized to the Asset or brokerage amount will be shown separately in the profit and loss accounts.
04 June 2018
any expenditure incurred directly or indirectly to acquire fixed asset is also a capital expenditure and need to be capitalised
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Residential status of non resident
- NRI INSURANCE ADVISOR
- Taxability of credit in canara bank ET & T section (NRO)
- Traces submitting correction statement error
- ASMT-10 received from A O
- ITR-3 File/Error Found
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
