Expenditure Revenue Vs Capital

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....xpenditure Revenue Vs Capital<br> Query (Issue) Started By: - CHITRA RAGURAM Dated:- 3-2-2011 Last Reply Date:- 13-2-2011 Other Topics<br>Got 2 Replies<br>Indian Laws<br>Whether amount paid for plan a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pproval of the building is to be capitalised or to be treated as revenue expenditure. Reply By CA Rachit Agarwal: The Reply: Construction of building includes the planning stage as the first stage a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd the expenditure for the said purpose should be capitalized. Reply By Seetharaman K C: The Reply: This definitely needs to be capitalised, as you may be aware that even expenses like transportatio....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n upto site is to be capitalised, then there is no problem in capitalising this expense as it is incurred for the creation of the asset itself<br> Discussion Forum - Knowledge Sharing ....