Exp related to interior decoration of office
This query is : Resolved
03 March 2016
Sir Pl suggest it
My Client has taken office for lease for 10 years from his father
he has invested Rs. 6,00,000/- for office interior decoration how to account it
Whether it has taken in Furniture and Fixture or Separate Head Interior Decoration or repairs and maintenance under profit and loss account
My Client has taken office for lease for 10 years from his father
he has invested Rs. 6,00,000/- for office interior decoration how to account it
Whether it has taken in Furniture and Fixture or Separate Head Interior Decoration or repairs and maintenance under profit and loss account
04 March 2016
As the amount has been expended into interior decoration, it may be treated as furniture & fixture. Depreciation under income tax can be claimed for the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
