Poonawalla fincorp
Poonawalla fincorp

Assets capitalization

This query is : Resolved 
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(Querist)
27 July 2011 Dear Friends,

Two wheeler accessories (Purchase at the time of new vehicle purchase) will capitalized with vehicle cost?

Please advice.....

Thanks

Shekhar
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CS Bijoy

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CS Bijoy (Expert)
28 July 2011 Accessories is not the mandatory requirement for functioning of the Asset, so it can not be capitalized.

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