Storage rent of furniture before installed in office premise

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 November 2017 hi,every can any one suggest me about following issue,

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?

25 November 2017 no, its not part of furniture cost.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 November 2017 thank you but whether it will be charged to rental expense


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details