Capital and operational expenditure

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Querist : Anonymous

Querist : Anonymous (Querist)

26 September 2015 Hi, Can anyone clarify me under which head (capital or operational) expenditure to be taken which is incurred after the registration of partnership deed.

Thanks in advance

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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26 September 2015 expenditure related to what buddy... ???

Querist : Anonymous

Querist : Anonymous (Querist)

26 September 2015 Expenditure like logo design, website creation and development, advertisement etc.,

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Amol S Joglekar

Amol S Joglekar (Expert)
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26 September 2015 capital expenditure will find its place under FIXED ASSET after the completion of capital expenditure.

The rest will go to indirect or direct expenses as the case may be

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