Category for fixed assets head

others 179 views 1 replies

Dear All,

          I have a query in regard of capitalisation.

Example:- there is Nitrogen Plant (Tank) which is hired for rent purpose.

for this we build a concrete structure and Tank (rented) installed by the party with installation cost. 

 Query:-

1. What is the exact head for Fixed assets (Building or Plant & Machinery). ?

2. What is the cost of capitalisation ? (with Tank or without tank)

3. Can we capitlized intallation cost with it or not ?

 

Regard

 

 

Replies (1)
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Hey for more details click on the above link for updates related to CA.

 

 


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