banner_ad

Mezzanine Floors Capitalized under which Fixed Assets Head

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 May 2023 We are going to make Mezzanine Floor of metal In our Store Area due to store space is not sufficient to keep material. So we can keep racks on Floor and keep material in racks . So, I have few Query as below.

1. It will be Capitalized under which Assets Class ?
2. What will be useful life & Depreciation rate ?
3. Gst Credit can take or not ?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
02 May 2023 1 Capitalise as a part of building
2 Remaining useful life of the building.
3 No GST credit as it's part of building.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
24 April 2026
Semi-Qualified CA

A S Gujral & Co.

Mumbai

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 24 April 2026
Article Assistant

SMW And Co.

Pune

CA Inter

View Details