Treatment of expenses of investment
This query is : Resolved
CA Aditya Goel
(Querist)
11 May 2010
suppose a company incurring expenses on any investment, will those expenses be capitalised in investment value, or would be added in misc expenditure and written off or will be treated as expenses of that year???
Jigar Shah
(Expert)
12 May 2010
The treatment depends on the nature of expenses.
Although, like As-10, in As-13 you capitalise these expenditure
Although, like As-10, in As-13 you capitalise these expenditure
Akbar Mirza
(Expert)
17 May 2010
It should be included in the value of investment.
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