Accounting treatment
This query is : Resolved
16 February 2012
What is the treatment for creating partion in factory premises to create a seperate division (amount exceeds Rs.1lac)
18 February 2012
I think the expense done is giving benefit of enduring nature & the partition wall is new one. So it not Repair & maintt.
The expense should be capitalised under head "Buildings"
The expense should be capitalised under head "Buildings"
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