What can and what

cannot be capitalised?

Hardeep Singh
  Capitalisation is defined as the recording of a cost like an asset, in
spite of an expense.
 Such consideration is done while a cost not believed to be
completely disbursed over the existing period instead, in a
prolonged time period. Removing a key item from the company’s
Capitalisation income statement while consecutively including it on firm’s
balance sheet for just showing the depreciation as key charge
contrary to profits, may lead to the expanding profits significantly.

 https://www.wallstreetmojo.com/capitalization-vs-expensing/