Capitalisation of an item
This query is : Resolved
Mandeep Singh
(Querist)
25 June 2008
Dear All,
We are undergoing implemation of a project within our plant premises.In relation to that project we have been incurring following Exps.
1. Deposit of fee to Govt Body for availing their premission to use Govt. Land and electricity lines.
2.we have erected some structure outside our plant premises for commissioning of Towers etc.
As These towers are outside our plant can we capitalise the same?
We are undergoing implemation of a project within our plant premises.In relation to that project we have been incurring following Exps.
1. Deposit of fee to Govt Body for availing their premission to use Govt. Land and electricity lines.
2.we have erected some structure outside our plant premises for commissioning of Towers etc.
As These towers are outside our plant can we capitalise the same?
S.Srinivasaraghavan
(Expert)
25 June 2008
1.Since you say deposit, are they refundable?
2. What do you mean by outside our premises?
2. What do you mean by outside our premises?
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