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Bulbs changed for entire hotel to LED. can it be capitalised.
Can we capitalise the cost if change of existing bulbs to cost saving LED bulbs. amount involved runs into lacs.
Replies (2)
Quick Summary
Capitalisation of assets is not based on the sum involved.
Capitalisation of bulb is not possible since one would not expect the benifit from would b available for more than 1 financial year especially in case of hotels
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