1.WHETHER PREOPEARTIVE EXPENSES INCURRED TILL COMMENCEMENT OF PRODUCTION BE ALLOCATED AMONGST ASSETS LIKE BLDG,P&M, FURNITURE ETC. ON PROPORTIONATE BASIS & THAN DEP. BE PROVIDED AS PER CO.ACT? 2.WHETHER LAND & LAND DEVELOPMENT SHALL NOT BE CONSIDRED FOR EXP. ALLOCATION?(AS NO DEP. ON LAND) 3.WHETHER DEP. AS PER IT ACT WILL BE PROVIDED AFTER ALLOCATION OF PREOPERATIVE EXP.? 4.EXCISE & SALES TAX CREDIT TAKEN BY CO. WHETHER DEP. TO BE PROVIDED ON BASIC COST?
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Pre operative exp
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1.WHETHER PREOPEARTIVE EXPENSES INCURRED TILL COMMENCEMENT OF PRODUCTION BE ALLOCATED AMONGST ASSETS LIKE BLDG,P&M, FURNITURE ETC. ON PROPORTIONATE BASIS & THAN DEP. BE PROVIDED AS PER CO.ACT?
Reply- Yes.
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