Capitalization


This query is : Resolved 

(Querist)
17 July 2010 Please advice on the following:

A SAP is being implemented in a unit and for the purpose harwares in form of server n comp[uter is being purchased.

How are the following to be dealt as intangible and fixed asset?

Regards
Piyush

17 July 2010 THESE WILL BE TREATED AS FIXED ASSEST AND WILL BE CAPITALISED UNDER THE GROUP COMPUTERS.

17 July 2010 AS-26 & AS-10 will be applicable.


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