Capital expenditure

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Hanmantu N.Sai (Querist)
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30 June 2014 dear all,

i want to know whether expenses incurred for temporaray shade made for labour at site should be capitalised or not?

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Guest (Expert)

30 June 2014 as u r writing its temporary then u need not to capitalise it.... u can expense it directly dear

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CMA. CS. Sanjay Gupta (Expert)
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30 June 2014 It is revenue expenditure. It should be expensed off by charging to PL A/c.

Rupesh Jain (Expert)
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30 June 2014 you can expenses off in P/L a/c

CS,CA F,Numrologi TusharSampat (Expert)
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30 June 2014 it should be charged to revenue a/c

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