capitalising the expenditure kept as CWIP during earlier per
This query is : Resolved
06 March 2009
As per Accounting Standard 10, cost of fixed assets comprises purchase price & directly attributable cost. But in relation to construction of a project administrative and other general overhead expenses may be included.
My query is whether all kinds of administrative expenses (like printing & stationery or general expenses or salary to office staff etc)incurred in the corporate office can be capitalised?
My query is whether all kinds of administrative expenses (like printing & stationery or general expenses or salary to office staff etc)incurred in the corporate office can be capitalised?
07 March 2009
Expenses attributable to such construction should be capitalized.
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- Regarding appeal to GSTAT
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Invoice V/S Goods receipt Note Date
- Value of property in capital gain
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
