Hi
This is regarding query on Revenue/Capital Expenditure.
There is a upcoming Hotel. Rs 25.00 lacs had been paid to consultant for landscaping and further a sum of Rs 7.50 lacs had been pad for purchasing plants.
My query is regarding treatment of both the expenditure.
Thanks.
Both the expenses should be capitalised as they are incurred for setting up of the hotel.
| Originally posted by : Muskan | ||
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Both the expenses should be capitalised as they are incurred for setting up of the hotel. | |
Even i think so..both the expenses should be capitalised!
CAclubindia
