@ankit_tripathi In the above exmaple, if one see break up of fixed assets addition, it is mostly in land. Generally, there is land purchase does not need amy improvement in caee it is developed and hence can be strigjt added to fixed assets without being going through capital work in progress. Capital work in progress would be applicable mostly for buidling and plant and machinery when comapny is implemeting large capex over more than 12 months. Even head like furniture and vehicle would be normally directly added to fixed assets as same can be used from day one after purchase and generally does not need any improvements. This is my understanding and may be wrong
| Subscribe To Our Free Newsletter |
