Antivirus fixed assets or revenue expanse

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 July 2014 Dear Sir ma'am,

Is antivirus and RAM of computer are capital expenditure or revenue Expenditure,??

Regards,

Sanjeev Mittal

12 July 2014 Hi Sanjeev,

Both the expenses to be treated as revenue expenditure.

If antivirus is taken for more than one accounting period than it will be treated as deferred revenue expenditure.

Thanks,
Devanand



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries