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AS-10 (ACCOUNTING FOR FIXED ASSETS

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(Querist)
22 September 2007 What should be the proper treatment as per AS-10, Accounting for Fixed Assets, for writing off brought forward balance of capital liability against acquisition of a Capital Asset in earlier years, whether it should be adjusted with the respective capital asset or to be charged to Profit & Loss Account as Liabilities no longer required written back,?
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AjeshkumarM.P

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AjeshkumarM.P (Expert)
22 September 2007 https://www.icai.org/icairoot/resources/as_index.jsp
pls open this page
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AJIT VERMA

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AJIT VERMA (Querist)
22 September 2007 I want to know the opinion of the experts.
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CA Manish Iyer

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CA Manish Iyer (Expert)
22 September 2007 Adjust to the value of fixed assets and depreciate prospectively
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