AS-10 (ACCOUNTING FOR FIXED ASSETS
This query is : Resolved
22 September 2007
What should be the proper treatment as per AS-10, Accounting for Fixed Assets, for writing off brought forward balance of capital liability against acquisition of a Capital Asset in earlier years, whether it should be adjusted with the respective capital asset or to be charged to Profit & Loss Account as Liabilities no longer required written back,?
22 September 2007
http://www.icai.org/icairoot/resources/as_index.jsp
pls open this page
pls open this page
22 September 2007
I want to know the opinion of the experts.
22 September 2007
Adjust to the value of fixed assets and depreciate prospectively
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Gst Sales of FY 2023-24
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
