Poonawalla fincorps
Poonawalla fincorps

improvement on Leasehold property

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2010 I would like to know about improvment of lease hold proerty - the entire exp. we have to treat as expenses of the purticular period ..or we carryforward for some years
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Abraham Cherian

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Abraham Cherian (Expert)
04 January 2010 Generally improvements to leasehold premises are capitalised and are depreciated over the primary period of the lease, unless some other period is more realistic.

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