The amount paid to get permission from Government for installation of machinery can be capitalized,?
and the permission should be renewed every year by payment of certain fee.
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capitalization of permission fee
Replies (1)
No...
But, Can be booked in expenditure head and the renewal amount.
**In case it's refundable then book it under Loans & Advances...
But, Can be booked in expenditure head and the renewal amount.
**In case it's refundable then book it under Loans & Advances...
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