Accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 March 2014
1.Can we capitalise ducting expenses incurred for installation of Centralised AC?
2.What will be the treatment in case of rented property or building?
3. In above mentioned case if the property is rented, then in which category (asset) the above cost will be capitalised?
2.What will be the treatment in case of rented property or building?
3. In above mentioned case if the property is rented, then in which category (asset) the above cost will be capitalised?
CA Parul Saxena
(Expert)
10 March 2014
yes you can capitalise it.
Message likes :
1 times
10 March 2014
1. As per AS 10 u can capitalise it
2.it will not make diff in either case.
2.it will not make diff in either case.
Message likes :
1 times
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