Can travelling expenses be capitalised?
This query is : Resolved
31 May 2014
Can expenses incurred on travelling, lodging and boarding for erection and commissioning of a machinery be capitalised ?
Guest
Guest
(Expert)
31 May 2014
YES YOU CAN CAPITALISE THEM...............
Message likes :
1 times
31 May 2014
Thanks for the prompt reply.
Can you plese share relevant case law?
Can you plese share relevant case law?
01 June 2014
In my view it should not be capitalized and should be charged to P/L as revenue expenditure.
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