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Valuation of old dismantled building

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 May 2013 If an old building has been dismantled and a new one is being erected in place of the old one, then will the book value of the old one be shown as depreciation in the accounts??????????
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 May 2013 No, it is charged off in to p&l a/c

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