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Cost of the properties-capitalisation of exp issue

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2012 Registration Pavti includes following detail


Registration charges 30000
Nakal copt 540
total 30540


how much amount is to be capitalised 30000 or 30540?

plesae suggest appropraiate section for capitalisation of expenditure.
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
12 April 2012 For capitalisation no section is required. Rs. 30,000 has to be capitalised. I am assuming that 540 is for duplicate copy of property deed.

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