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Project capitalisation query

This query is : Resolved 
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(Querist)
21 May 2011 All experts are requested to put light on following matter:

A real estate co. has constructed a mall to earn rental income . project is commissioned on 31.3.11 which was continuing for past 5 years.

Please provide guideline how to allocate common expenses incurred over past 5 years since various asset are being capitalised.
Any suggestion to ensure proper audit is most welcome.

Hoping for quick response.
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Pankaj Gandhi Jaiswal

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Pankaj Gandhi Jaiswal (Expert)
05 June 2011 Allocation on rational basis is required. Please consult any good ca for this in your city and ask for common expenses allocation report
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