Fixed asset
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2018
Dear expert,
The company has taken office on lease for 5 years. and is doing interior work to extent of 25 lacs.
break up as under -
1.electrical work 6 lac
2 Ac work 6 lac
3 glass work 4 lac
4 pantry unit 0.5 lac
5 carpentry work 1.58 lacs
6 modular furn7 lac
7 Architect fee 10% of above exp.
What is the a/c treatment.pl guide.
The company has taken office on lease for 5 years. and is doing interior work to extent of 25 lacs.
break up as under -
1.electrical work 6 lac
2 Ac work 6 lac
3 glass work 4 lac
4 pantry unit 0.5 lac
5 carpentry work 1.58 lacs
6 modular furn7 lac
7 Architect fee 10% of above exp.
What is the a/c treatment.pl guide.
05 June 2018
The expenditure appears to be revenue expenditure.
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