diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index b63b367844a1bc20ede3c9209322fc676e5a87ee..819583581b48e528b7902d696289de14f89ae664 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -1036,6 +1036,8 @@ def is_cwip_accounting_enabled(asset_category):
 @frappe.whitelist()
 def get_asset_value_after_depreciation(asset_name, finance_book=None):
 	asset = frappe.get_doc("Asset", asset_name)
+	if not asset.calculate_depreciation:
+		return flt(asset.value_after_depreciation)
 
 	return asset.get_value_after_depreciation(finance_book)
 
diff --git a/erpnext/assets/doctype/asset_capitalization/asset_capitalization.js b/erpnext/assets/doctype/asset_capitalization/asset_capitalization.js
index be78d9ebdc28ed4fe8dcddc140a723b80c46b1b5..2f0de9793927b66b125e07a236f2e6d3490eee75 100644
--- a/erpnext/assets/doctype/asset_capitalization/asset_capitalization.js
+++ b/erpnext/assets/doctype/asset_capitalization/asset_capitalization.js
@@ -21,10 +21,10 @@ erpnext.assets.AssetCapitalization = class AssetCapitalization extends erpnext.s
 			this.show_stock_ledger();
 		}
 
-		if (this.frm.doc.stock_items && !this.frm.doc.stock_items.length && this.frm.doc.target_asset && this.frm.doc.capitalization_method === "Choose a WIP composite asset") {
-			this.set_consumed_stock_items_tagged_to_wip_composite_asset(this.frm.doc.target_asset);
-			this.get_target_asset_details();
-		}
+		// if (this.frm.doc.stock_items && !this.frm.doc.stock_items.length && this.frm.doc.target_asset && this.frm.doc.capitalization_method === "Choose a WIP composite asset") {
+		// 	this.set_consumed_stock_items_tagged_to_wip_composite_asset(this.frm.doc.target_asset);
+		// 	this.get_target_asset_details();
+		// }
 	}
 
 	setup_queries() {
@@ -143,13 +143,20 @@ erpnext.assets.AssetCapitalization = class AssetCapitalization extends erpnext.s
 				},
 				callback: function (r) {
 					if (!r.exc && r.message) {
-						me.frm.clear_table("stock_items");
-
-						for (let item of r.message) {
-							me.frm.add_child("stock_items", item);
+						if(r.message[0] && r.message[0].length) {
+							me.frm.clear_table("stock_items");
+							for (let item of r.message[0]) {
+								me.frm.add_child("stock_items", item);
+							}
+							refresh_field("stock_items");
+						}
+						if (r.message[1] && r.message[1].length) {
+							me.frm.clear_table("asset_items");
+							for (let item of r.message[1]) {
+								me.frm.add_child("asset_items", item);
+							}
+							me.frm.refresh_field("asset_items");
 						}
-
-						refresh_field("stock_items");
 
 						me.calculate_totals();
 					}
diff --git a/erpnext/assets/doctype/asset_capitalization/asset_capitalization.py b/erpnext/assets/doctype/asset_capitalization/asset_capitalization.py
index fecf3bc4344489eb3c9898ba12e9c92a9d69e51c..a4b68df76e93db9280191441284acb5bdf26f467 100644
--- a/erpnext/assets/doctype/asset_capitalization/asset_capitalization.py
+++ b/erpnext/assets/doctype/asset_capitalization/asset_capitalization.py
@@ -834,7 +834,6 @@ def get_consumed_asset_details(args):
 		out.cost_center = get_default_cost_center(
 			args, item_defaults, item_group_defaults, brand_defaults
 		)
-
 	return out
 
 
@@ -882,10 +881,27 @@ def get_items_tagged_to_wip_composite_asset(asset):
 		"qty",
 		"valuation_rate",
 		"amount",
+		"is_fixed_asset",
+		"parent",
 	]
 
 	pr_items = frappe.get_all(
-		"Purchase Receipt Item", filters={"wip_composite_asset": asset}, fields=fields
+		"Purchase Receipt Item", filters={"wip_composite_asset": asset, "docstatus": 1}, fields=fields
 	)
 
-	return pr_items
+	stock_items = []
+	asset_items = []
+	for d in pr_items:
+		if not d.is_fixed_asset:
+			stock_items.append(frappe._dict(d))
+		else:
+			asset_details = frappe.db.get_value(
+				"Asset",
+				{"item_code": d.item_code, "purchase_receipt": d.parent},
+				["name as asset", "asset_name"],
+				as_dict=1,
+			)
+			d.update(asset_details)
+			asset_items.append(frappe._dict(d))
+
+	return stock_items, asset_items