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EASYOFFICE
EASYOFFICE

Fixed assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2014 My client has purchased a property and following expenses paid by him
1) stamp duty
2) brokerage
3) surveying charges to a professional for knowing legal status of a property
4) loan processing fees for taking loan

i think all these expenses must be capitalized can any one correct me, if i m wrong. ASAP

05 March 2014 Yes all these expenses will be added to the cost of the asset.



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