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Capitalisation of expenses

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 January 2013 hi all,

need your assistance on below issue-

Our new office is under construction, we received the bill of maintenance charges and electricity used during fit out work. Can these both expenses get capitalised???

Please help urgently....

Thanks in advance.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 January 2013 Yes. till the construction completes, the expenses can be capitalised

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