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Capitalization of an expenses

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(Querist)
21 May 2010 Is the laptop battery purchased for the replacement of the old one is to be capitalized??? Battery price is Rs. 5800. Is there any limit for capitalizing any expenses regarding the fixed assets
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Jagdish Bhalia

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Jagdish Bhalia (Expert)
21 May 2010 you can capitalise the battery cost
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
21 May 2010 AGREE
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