banner_ad

Capitalisation of expenditure

Accounting Entries 271 views 6 replies
User Avatar

proprietrix
32 Points Posted on 25 June 2019

Improvements to Playground in a school run by a trust - is this to be capitalised as additions to building

0 Reply Share Follow
On 25 June 2019 at 21:08 Report
Replies (6)
User Avatar

PRACTICE
673 Points Posted on 25 June 2019
depends upon nature and amount of expnditure😊
1 Reply
On 25 June 2019 at 21:15
User Avatar

6 Points Posted on 25 June 2019
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
Reply
On 25 June 2019 at 23:37
User Avatar

proprietrix
32 Points Posted on 26 June 2019

This involves major additions which justify capitalisation but my question is will it come under building 

Reply
On 26 June 2019 at 10:46
User Avatar

Master in Accounts & high court Advocate
9615 Points Posted on 26 June 2019

yes. It will appreciate buildings value

Reply
On 26 June 2019 at 12:04
User Avatar

6 Points Posted on 26 June 2019
yes ofcourse dear
Reply
On 26 June 2019 at 13:43
User Avatar

proprietrix
32 Points Posted on 26 June 2019

Thanks

 

Reply
On 26 June 2019 at 14:09


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details