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Capitalised

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(Querist)
16 February 2012 We are brought new machine. Transporation, Insurance, Octrai & freight both of expenses on machinery purchase to delivery at factory, then tell me both of expenses are required to capitalized on machinery?
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
16 February 2012 all the expenses which are incurred for buying , installing till the time of making it to run / function shall be capitalized..

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