Capitalisation

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Gurtej Singh Dhanoa (Querist)
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09 April 2011 A building constructed by the company for office purpose but is also used for manufacturing of sample products. I want to know if complete building will be capitalised under category Non Factory Building/Office Building or we have to proportion it under factory and Non factory Building.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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09 April 2011 You have to proportionate it according to the area of utilization.

Gurtej Singh Dhanoa

Gurtej Singh Dhanoa (Querist)
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09 April 2011 But the basic purpose of the Building is to serve as office building and also the manufacturing is just for sample product manufacturing i.e. not for commercial manufacturing.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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10 April 2011 Please make it clear which types of samples are produced

and

how much portion of the building will be used for the purpose of sample manufacturing ?

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