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Depreciation on second hand fixed assets

This query is : Resolved 
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(Querist)
20 November 2023 whether depreciation On Purchase value including its installation cost , repairs on it and freight cost (if any).
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 November 2023 Yes, capitalise all such cost incurred before it's put to regular use and depreciate based on it's useful life.
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