Hi All
My Question today is
Is tarring of Road a Capital expense, if so, referring to any clause in accounting standard, can anybody explain why the expense should be capitalised than take as repairs and maintance expense.
Thank you
Hi All
My Question today is
Is tarring of Road a Capital expense, if so, referring to any clause in accounting standard, can anybody explain why the expense should be capitalised than take as repairs and maintance expense.
Thank you
V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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CAclubindia
