Storage rent of furniture before installed in office premise
Querist : Anonymous
one of the company is opening a branch in secunderabad and it took a premises on rent and its changing interior of such premises as per its requirement and adding all cost to deemed building
issue is ,it ordered furniture for installation in its office but it received early so it took a go down for rent to store such furniture till it can install in its premises can the rental charges paid be added to cost of deemed building?
what if that company is not treating the entire cost as deemed building but accounting each and every installation as separate asset,can we add rental expenses to cost of furniture?
if not how to account such rent?
Querist : Anonymous
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