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Ducks should be capitalised or not?

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2012 Assessee having poultry farm..
he import the ducks and sell the eggs.
now ducks which are imported should be capitalised or not..
what is the correct treatment please explain...
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Ravikant

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Ravikant (Expert)
13 January 2012 They will be Capitalised at Cost.
In case of Death, Proportionate Cost is considered as Expense and debited to P&L

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