02 June 2011
Here my query is whether Borewell to be capitalized under Buildings or Land as Land development. Further whether can I capitalize drilling cost, PVC Pipes, Electrical Compressor and other accesories all put together as borewell.
05 June 2011
Please specify this is factory building or residential building accordingly fact will be changed... in factory the bore well may help in production activity so separately can be identified while in building for residential project it will be part and partial of building but it will be depend on very thin line of fact
CAclubindia
