Fixed assets
This query is : Resolved
13 July 2016
Hi everyone. We Shifted my office one place to other place We take less agreement for new Premises. We incurred expenses for changes ( like wooden flooring, workstation, Glass working) I don't want to Capitalise . As per company law it's mandatory sir please help me.
13 July 2016
is the place RENTED or OWNED?
if it is rented, you need NOT capitalise such expenses mentioned by you in your query
if it is rented, you need NOT capitalise such expenses mentioned by you in your query
13 July 2016
Thank you sirIt's rented approximately 25 lacks amount.
13 July 2016
Thank you sirIt's rented approximately 25 lacks amount sir . Please help me
14 July 2016
amount is NOT constraint.....you can treat it as revenue expenditure
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on Fixed Assets purchased
- Non filing of I T Returns
- GST Intimation due to Government took possession of Business Premises under PPE Act
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
