Amortization on land
This query is : Resolved
14 June 2013
Can we amortised the value of stampduty on leasehold land capitalised on provisional basis.
if in the previous year it is capital on provisional basis & in the current it is paid less than the provisional amount. And also if we had charged amortization on the stamp duty (Provisional) in the p.y. then how take its effect in the books of account.
if in the previous year it is capital on provisional basis & in the current it is paid less than the provisional amount. And also if we had charged amortization on the stamp duty (Provisional) in the p.y. then how take its effect in the books of account.
20 June 2013
Stamp Duty should be added to the cost of the Asset. Why do you want to amortise
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