Construction Site Assets

Dear Sir,

I am working in construction company, our project start in Gujarat. In that project we construct  shed ( Some Part is Removable it use in upcoming project also) for self use then that cost book in fixed asset building or charged as expenses.

Replies (2)
Quick Summary
This discussion explores the accounting treatment for construction site assets, specifically temporary sheds intended for reuse in future projects. The core question is whether the cost of such assets should be capitalised as a fixed asset or expensed. The aim is to clarify the reasoning behind classifying these assets.

It should be treated as assets

can you please explain the reason

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details