Capitalisation of expenses
This query is : Resolved
SUNNY SEHGAL
(Querist)
09 June 2012
Sir,
Whether the following expenses are to be capitalised in respect to a manufacturing company.
Ex : Detention charges, Demurrage charges, Import warehouse charges, Packing charges on purchases, Fork lift charges etc
Whether the following expenses are to be capitalised in respect to a manufacturing company.
Ex : Detention charges, Demurrage charges, Import warehouse charges, Packing charges on purchases, Fork lift charges etc
Ca Anand Dubey
(Expert)
09 June 2012
it depends upon nature, any expenses can be capitalised if it belongs to creation of assets.
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