Capitalisation


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2011 We have got a pollution control board approval to increase the capacity of our plant subject to the one of the condition that is development of greenbelt around the factory and in vacant plances to utilise treated effluent water. Can we treat the expenditure incurred for development of green belt as capital nature?

Jitender (Expert)
17 May 2011 yes, it can be capitalized

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2011 May i know under what head and basis for the same?

05 June 2011 Yes it can be


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