Capital expense on rented property
This query is : Resolved
17 April 2015
Whether "Roofing Work" on rented building occupied be capitalized or expensed out?
17 April 2015
yes as it shall be increasing the life building hence will be capital exp and not exp in p n l
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
- Capital Gain on Sale of Private company's shares
- Cash deposited to salary account from gold loan account
- Sale of goods from my GST proprietorship firm to my GST HUF proprietorship firm with karta me
- Assessment Procedure Us 147
- Itc on computer
- REGARDING STATUTORY AUDIT of a private company
- LTCG on property sale with more than 1 property
- How to file ITR for AY 2024-25
- ENTRY OF CIVIL MATERIAL AT TIME OF RENOVATE THE FACTORY BUILDING
- Capital goods Cross charges
- 80 G Deduction in scrutiny
- REFUND ATTACHMENT FOR APPEAL AGAINST SECTION 74
- Who is obliged to pay
- Building material purchase can cliam in put in gst
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
- Switch over to Composition Scheme
CAclubindia
