Assets capitalisation
This query is : Resolved
MOHINI DALVI
(Querist)
12 October 2012
Dear All,
we are capitalising interiors decorators fees for the new office. our Lease agreements shows lockin period from our end is 3 years and from Lessors is 5 years. could you please guide me wht period should i considered 3 or 5 years.
Regards
Mohini
we are capitalising interiors decorators fees for the new office. our Lease agreements shows lockin period from our end is 3 years and from Lessors is 5 years. could you please guide me wht period should i considered 3 or 5 years.
Regards
Mohini
CA. Rajesh P. Ahir
(Expert)
13 October 2012
Dear M Dalvi,
The period to be considered is the period for which you have un-restricted right to use the property.
The period to be considered is the period for which you have un-restricted right to use the property.
MOHINI DALVI
(Querist)
11 May 2013
Thanks Rajesh.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
