Fixed asset capitalization
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 October 2011
When can i capitalize plant (Factory)???
Please advice....
Please advice....
CA Pushpendra Gaur
(Expert)
12 October 2011
On the completion of construction of the factory, the definition of use is as per IT act not as per company's act
If it is purchased, on the adte of purchaes
If it is purchased, on the adte of purchaes
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