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Fixed asset

This query is : Resolved 
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(Querist)
25 July 2019 Sir/Madam,

In 2018-19 we had purchased building construction materials under GST invoices worth rupees 2 Lakhs and above, can we account the above invoices in our Plant & Machinery accounting head and claim depreciation.
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
31 May 2020 Building Construction can not be taken as investment in Plant and Machinery.
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