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Capital expenditure

This query is : Resolved 

07 August 2012 Sir,
Can I capitalize the expenditure incurred for 3 phase electricity connection in the initial stages of my business.

08 August 2012 Hi, expenditure for electricity line is distinguished in to two categories:
1. Bringing the ele line to premisse
2. Set-up installed in the premises

Expenses of first nature can not be capitalised as not incurred within premises and not of capital nature

Expenditure of second nature can be/or will be capitalised. You can include fees or payments paid to consultants here for liaison




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