Capitalisation of expenses


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 January 2014 hello sir,
please clarify me whether opening ceremony expenses of building should be capitalized or not?.
Thanks in Advance.

10 January 2014 Hi

No it should not be capitalised, since it doesnt contribute to life of asset.

Thanks

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 January 2014 Thank you Vaibhav sir.


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