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Capitalisation of Expenses when recording Asset (AS 10)

Expense incurred to fix damages to plant when shipped- Can this be capitalised in the books?


Suraj Narayanan

Suraj Narayanan

CA Inter

7K+

06-Oct-20 22:49

6

Answers (1)

If it does not add value, no.


Suraj Lakhotia

Suraj Lakhotia

Admin

07-Oct-20 12:11