Capitalization of repairing exp of ro
This query is : Resolved
CA Ram Prajapat
(Querist)
09 October 2015
we have incurred 28000 on repairing of RO whether we should capitalized it into furniture & fixture or should debited to office exp
CA AnKiT BoHrA (AB)
(Expert)
09 October 2015
it depends.. what sort of expenses are this...
Does the increase the life of RO any big internal change ??
Does the increase the life of RO any big internal change ??
CA Ram Prajapat
(Querist)
09 October 2015
actually we purchased an old RO Water machine..which was not workable.. now we have incurred expense to get repair it..and after repairing it has started working..amount of expense is 28000/-
CA AnKiT BoHrA (AB)
(Expert)
09 October 2015
then u can capitalize it along with RO purchase price
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
- EPF ECR NEW FILE SEP 17TH 2026
- TDS on Fixed Assets purchased
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Oct 2025 Invoices
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Import of Software Service.
- GST on Renting godown to KFCSC for Storage of Raagi
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TAX AUDIT ON PROFESSIONAL INCOME
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
