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building renovation expenses it is capital expenditure
building renovation expenses it is capital expenditure
Replies (5)
If it extend the economical life of building than it is to be capatilised.
If the expenditure is type of AMC than not to be capatilised
If the expenditure is type of AMC than not to be capatilised
Agreed with Mr. Ballodia
ballodia sir, it will be a great help if u kindly share provision inline of yours advice. Specially if any case law
Kanak Ji kindly refer AS10 - Property, Plant & Equipment
I think Its Repair & Maintainance
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