Fixed asset
This query is : Resolved
06 September 2012
as i have purchased a truck chassis where i will mount a machine and it will take 2 months, so all expenses on machine like insurance transportation till manufacture should be included in fixed asset or i have to book them separate.
CA Ayush Agarwal
(Expert)
06 September 2012
You Can Capitalize Them as Per AS 10 Issued by Our ICAI.
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