Regarding treatment of expansion expenditure
This query is : Resolved
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Hemant Dosi
(Querist)
11 March 2024
We are running a hospital of eye now we are going to expansion our hospital into multispeciality pls tell me as we are doing expenses regarding construction of building and other medical equipments all expenses should be under building a/c capitalised or we have to do other process lets me inform
11 March 2024
Construction of building is under Building account. But, Medical Equipments can't account under Building.
Hemant Dosi
(Querist)
12 March 2024
Sir we have a balance of advance Income tax of last year now we should trannsfer to capital a/c
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