Capitalisation of play stations in corporate offices
This query is : Resolved
23 February 2019
My Query is that whether Play Stations/ Games installed in Office Premises for rejuvenation purposes should be capitalised as fixed asset or not? I
24 February 2019
Yes to be capitalised since having life more than one year.
26 February 2019
But play station do not provide future economic benefits to the company to fall under the definition of "Property, Plant and Equipment" as per Indas16. Please give your view.
27 February 2019
Rejuvenation of employees will have future economic benefits.
27 February 2019
Rejuvenation of employees will have future economic benefits.
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