Submitted Questions

  • Loading Charges of Fixed Assets

    Can Loading, Unloading and Installation Charges during the time of shifting of the company be capitalised?

    Laukesh chaudhary

    • Dec 29th, 2014

    As per As 10 issued by ICAI till the time of asset put to used all exp are booked as the asset . In same nature for which such type of operating exp done.

    After asset put to use the exp on asset are capitalized only inf increased the life of asset