Is there any policies and procedure of revert back all the expenses and capitalise it ?????
Menu
Capitalisation
Replies (3)
You cannot capitalize exps other than the ones spent on improving or addition to a particular asset
Only Those Expenses are capitalized which life time is more than one year
Only Those Expenses are capitalized which life time is more than one year
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
