Wherether the expenditures incurred for further expansion of roads to be capitalise or not ???
Menu
Query related to additions to asset
Replies (1)
If the expenditure on roads increases the capacity of roads serviced (length of road) the expenditure has to be capitalized.
Other wise the expenditure has to be charged off to revenue.
kkm
Recent Topics :
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
Related Topics :
CAclubindia
