Capitalisation of expns
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2012
i have purchased a battrey for inverter worth Rs.8000. should it be capitalised and if yes under which head?
14 July 2012
Yes you can capitalize it .Add it to the inverter account and claim depreciation accordingly.
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2012
thnx richa..n is there any prob if i charge it as a revenue expns
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