10 July 2010
In case of work in progress project the captalisation of fixed asset has to be made when ever the commercialproduction has started. In case of already started company , the date of installation is date of captalization.
10 July 2010
Agree with experts. Date of installation can be termed as date of put to use or ready to use. So it should be taken as date of capitalization since assets comes into existence from that date only.
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