Fixed assets as-10
Querist : Anonymous
I wanted to know that if an existing plant is dismantled from its location and again installed at the other location of the Company than the cost incurred on dismantling and again installing on the plant should be capitalised or expensed out ?
therefore such expenditure need to be expensed off in P&L.
it is P\L expense. No capitalization.
Querist : Anonymous
Thank you all for your response.
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