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AS -10 PP&E

Dear Sir , I Have one doubt in concept "should depreciation be always debited " in AS - 10 ..... The example as you said if a machinery is bought for the construction of another asset say some building then the machine 's depreciation should be capitalized ........ If the bought machine is mixture machine for construction of the building purpose the mixture machine is ready for its intended use itself mixing the cement with gravels for construction work, then why its depreciation need to be capitalized on another asset .......


Thigazholie Djeasander

Thigazholie Djeasander

CA Inter

130

08-Dec-20

37

Answers (2)

Say you bought a cement mixer to build a plant. The depreciation on cement mixer will be a cost which will be added to the plant cost.


Suraj Lakhotia

Suraj Lakhotia

Admin

09-Dec-20

Thank you sir


Thread Starter

Thigazholie Djeasander

Thigazholie Djeasander

CA Inter

130

09-Dec-20

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