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Treatment of expenses incurred during construction period

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(Querist)
10 February 2016 Hello Experts,

Please tell me exps incurred during construction period such as Architect fees, Legal fees, survey charges etc. need to be amortised after the completion of Construction or it should be capitalised???

If amortised over the fixed period of time then in what period??? and also treatment of this exps is same as preliminary exps??

Thank You...
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
10 February 2016 It can be capitalised as fixed asset under self constructed.please refer AS-10
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