Menu
As-10
IF WE REPLACE A NEW ENGINEE IN A CAR AND IT BETTER PERFORM FROM LAST ENGINEE,IT IS CAPITALISE OR NOT
Replies (1)
It should be capitalise. As per AS10 any expense incurred which increases the performance of the asset beyond standard should be capitalise.
Recent Topics :
- TDS Code for Salary Payment to Non-Resident Intern
- TDS on property
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
- TDS u/s 194Q on electricity supply by DHBVN etc.
- Subject: Can I Apply for Fresh GST Registration on
- Additional place in GST RC
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
Related Topics :
CAclubindia
