Capitalisation of Expenses when recording Asset (AS 10)

Accountancy

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

Suraj Narayanan

Qualified CA

★ 7K+

06-Oct-20 22:49

673

Answers (1)

If it does not add value, no.

CA Suraj Lakhotia

Admin

07-Oct-20 12:11