Capitalisation
This query is : Resolved
19 September 2011
first time Insurance and Road Tax of a new vehicle (Commercial) is to be capitalised or not?? what are the basis for such transaction??? provisions??
first time Insurance and Road Tax of a new vehicle (Commercial) is to be capitalised or not?? what are the basis for such transaction??? provisions??
19 September 2011
Can be capitalized being an expenditure incurred before the asset is put into use.
29 September 2011
the expert is absolutely right
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
- Distinct person & regular person POS
- INCOME TAX NOTICE QUESTION
- Query ON belated tds deduction
- Capital gain on sale of resident house by non-resident Indian
- Need Conversion process of CA Proprietary firm to CA Partnership Firm
- Query Regarding Error in Establishing Connection with Traces WebSocket eSigner
- Whether to file ITC 03 for downward GST rate revision - Reg.
- Regarding claiming exemption under section 54ec
- Clarification on Inventory
- Input Tax Credit Treatment For Hotel Service Provider.
- REVISION OF FORM 3CA-3CD FOR AY 19-20
- Gst on good transport services
- In put not come in 3B
- Cost under IND AS 27
- Auditor's Opion on Financial Statement
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
