asset capitalisation
This query is : Open
Vl Subrahmanyam
(Querist)
23 October 2017
we have purchased material for making almarah,wood and glassware item cost about 222539 and paid labour charges of 27005. is it capitalised or not . please clarify
CA Rashmi Gandhi
(Expert)
23 October 2017
Yes same will be capitalises as it is in nature of fixwd assets
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