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Capitalisation of an asset conditions

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(Querist)
13 April 2013 what conditions should be fullfiled in order to recognise a capital work in progress to be considered as capital assest in order to claim depreciation
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
01 August 2013 Work completion certificate from the technical person and ready to use certificate also

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