Relevant as for amortizing/depreciating revenue expenditure

sanyam jain (Finals cleared...articleship still on)   (56 Points)

06 April 2018  

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