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FBT TREATMENT

This query is : Resolved 

29 July 2008 WHAT WILL BE TREATMENT OF FBT DURING THE CONSTRUCION PERIOD OF PROJECT. CAN WE CAPITALISED AS PRE-OPERATIVE EXP OR NOT ?

29 July 2008 fbt is not deductable exp so if you are capitalised the same afterward exp are not allowed so you will show the same in asset side of the balance sheet afterward it is transferred to p & l appropriation a/c



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