Loading Charges of Fixed Assets

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

Questions by pavan Bhat

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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

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