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

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


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