Lease Deed Expenses

Jatin (Accountant) (3479 Points)

19 September 2018

Lease deed expenses incurred by tenant, which accounting head use for book expenses

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5 Replies

rama krishnan (12244 Points)
Replied 19 September 2018

in my opinion it has to be capitalized

Jatin (Accountant) (3479 Points)
Replied 19 September 2018

under which head capitalised

rama krishnan (12244 Points)
Replied 19 September 2018

lease amount paid to be increased by lease deed expenses and depreciation if applicable maybe claimed

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 19 September 2018

No... It's not under Capitalize.
Better to book in PandL account...

Jatin (Accountant) (3479 Points)
Replied 20 September 2018

under which head

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