EXP. ON INTERIORS
This query is : Resolved
15 February 2011
SIR,
WHETHER PURCHASE OF GLASS, PLYWOODS PLUS LABOUR CHARGES SPENT ON OFFICE INTERIOR.
CAN WE TAKE ENTIRE AMT AS FIXED ASSETS IN FURNITURE & FIXTURES.
WHETHER PURCHASE OF GLASS, PLYWOODS PLUS LABOUR CHARGES SPENT ON OFFICE INTERIOR.
CAN WE TAKE ENTIRE AMT AS FIXED ASSETS IN FURNITURE & FIXTURES.
15 February 2011
If it relates to current repairs, expense it out. Otherwise capitalize and depreciate annually.
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