Hii All,
I would like to depreciate refurbishment expenditure whose benefit will be availed for a period of 3 years. Since nature of expenditure is of repairs/refurbishment, I would like to have relevant AS under which the same could be amortised over a period of 3-5 years.
Thanks in Advance
refer AS-10, subsequent expenditure after put to use topic. you can get the clarity about your query.
M N Rao & Associates LLP
Vijayawada
CA Inter
View Details
Abic and Mani Chartered Accountants
Kottayam
B.Com
View Details
Krea University
Chennai
CA
View Details
CCI
Pro
CAclubindia
