For Capitalization what is Best criteria
This query is : Resolved
13 February 2022
For capitalization assets useful life should be more than 1 Years,
Above Rs. 5000 should be capitalized and Below Rs. 5000 should be charged in revenue expenses.
Above Rs. 5000 should be capitalized and Below Rs. 5000 should be charged in revenue expenses.
14 February 2022
Yes, this will be best criteria.
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