banner_ad

Capitalisation of dismantling cost of old structure

AS 1233 views 1 replies

A new structure is to be constructed, for which an old structure is to be dismantled.

I would like to know whether the cost incurred in dismantling of old structure should be capitalised or not, and reasons for the same

Replies (1)
In my opinion, if old structure is shown in the books and completely depreciated in the year of dismantling, such charges should not be capitalised. Because full depr is charged to p & l. If you capitalise the cost of dismantling, again you will provide depreciation on such cost.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details