If some engineer comes in a co. for increasing efficiency of some machines than s.tax on hotel bills of engineers will also be capitalized or not. Thanks In ADVANCE
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No. It would be requried to expensed out to P&L A/c as it is not incurred in relation to the assets.
no ..
this item should not be capitalised as it purely revenue in nature..
though
this item can be capitilised if dat person is come at the time of installation of machine..
thks dude
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