Capitalisation

Treated as revenue expenditure if leasing in included in the primary activities of the company................

To be capitalised if it is a secondary source of income for the company...........

Not to be capitalised as the same has not been incurred during the construction phase of the asset. Expenses till the ready for use stages are capitalised. Put to use stage doesnt allow for capitalisation.

As per AS 10 the cost incurred to make the fixed asset ready to use should be capitalised in ur case the machinery was in ready to use before dispatching the same to a foreign country hence the cost incurred on transportation should not be capitalised & transferred to P/l a/c

& also the concept of PUT TO USE is in taxation to calculate depriciation as per income tax

I hope u will understand