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fixed assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2011 hotel and travel exp. of 2 person for inspection of a new machine which will be purchased.My question is should the inspection cost capitalised with the fixed assets.
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B. NITYA POOJA REDDY

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B. NITYA POOJA REDDY (Expert)
29 January 2011 No. freight and duties paid for bringing machine should capitalised.
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