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Expenditure Revenue Vs Capital, Other Topics

Issue Id: - 2728
Dated: 3-2-2011
By:- CHITRA RAGURAM

Expenditure Revenue Vs Capital


  • Contents

Whether amount paid for plan approval of the building is to be capitalised or to be treated as revenue expenditure.

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Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 3-2-2011
By:- CA Rachit Agarwal

Construction of building includes the planning stage as the first stage and the expenditure for the said purpose should be capitalized.


2 Dated: 13-2-2011
By:- Seetharaman K C

This definitely needs to be capitalised, as you may be aware that even expenses like transportation upto site is to be capitalised, then there is no problem in capitalising this expense as it is incurred for the creation of the asset itself


Page: 1

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