Whether rental expense incurred during making a building ready for use is to be capitalised
4 Replies
Manish Jain
(Chartered Accountant)
(119 Points)
Replied 30 May 2016
All the expenses directly attributable to the construction of the building are to be capitalized, even the rental expenses.
However, if you can provide the details of scenario, I will be able to help you better.
Bala Pullaiah B
(Salaried)
(179 Points)
Replied 31 May 2016
Is it incurred for Capital purpose or Revenue purpose. If it is for capital purpose, then yes otherwise no.
Salman PS
(STUDENT)
(72 Points)
Replied 03 July 2016
the company is building a new office and I have Anna know whether the rental expense during the period is whether to be capitalised
Salman PS
(STUDENT)
(72 Points)
Replied 04 July 2016
can any advice me as to whether it is to be capitalised
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