Treatment of stamp duty paid on loan for expansion.
This query is : Resolved
27 December 2013
Dear - all
What should be the treatment of stamp duty paid on expansion i.e. availing loan for the purpose of purchasing plant & machinery???
Whether the same should be capitalised or it should be expensed off in p&l????
What should be the treatment of stamp duty paid on expansion i.e. availing loan for the purpose of purchasing plant & machinery???
Whether the same should be capitalised or it should be expensed off in p&l????
27 December 2013
HI
It form part of acquisition cost & same should be capitalized.
Thanks
It form part of acquisition cost & same should be capitalized.
Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ITDS U/S.194T of Firm
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- Non-Compliance documents have not been submitted by the contractors debited
- Invertaded duty struture
- Filling ITR - U
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
