This query is : Resolved
20 November 2023
whether depreciation On Purchase value including its installation cost , repairs on it and freight cost (if any).
whether depreciation On Purchase value including its installation cost , repairs on it and freight cost (if any).
20 November 2023
Yes, capitalise all such cost incurred before it’s put to regular use and depreciate based on it’s useful life.
Yes, capitalise all such cost incurred before it’s put to regular use and depreciate based on it’s useful life.