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As per Ind AS 16 on Property Plant and Equipment (PPE) the cost of the item of PPE includes: · The purchase price, which includes the import duties and any non-refundable taxes on such purchase, after deducting rebates and trade discounts · Costs which are directly attributable to bringing assets to the condition and location essential for it to operate in a manner as intended by the management · Initial estimate of costs of removing and dismantling an item and restoring a site where it is located As such, in above, all costs will be added. Testing in above case is associated with initial purchase and would be included. Subsequent testing will be part of maintenance expense. Cost of machine = 1500000+25000+18000+40000 = Rs.15.83 lakh
First destroyer of Indian Navy Decommissioned in 2021?
Recently the central government has releases Rs 7,183 crore revenue deficit grant to how many States?
The book "Humayun Nama" is authored by
According to the RBI data on sectoral deployment of bank credit in August 2022 showed a ____ % credit growth in the micro and small enterprise (MSE) sec...
Gautam Adani: The Man Who Changed India, a book penned down by which of the following?
Who among the following has become the first Native American woman to travel to space?
The Kalahari dessert is located on which among the following continents?
Who among the following is the author of the book 'Arthashastra'?
Recently Maharashtra Government has given approval to renaming of which of the following cities?
India’s first passenger Drone is named __________.