Improvements to Playground in a school run by a trust - is this to be capitalised as additions to building
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Capitalisation of expenditure
Replies (6)
depends upon nature and amount of expnditure😊
in my opinion if it increase the efficiency that if it can give some extraordinary returns through it , it is to be capitalized subject to as opinion provided by dipesh jha sir
This involves major additions which justify capitalisation but my question is will it come under building
yes. It will appreciate buildings value
yes ofcourse dear
Thanks
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