Easy Office
LCI Learning

Capital goods

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 December 2018 Hi,
Actually what all are capital goods? whether only machines for the production or all kind of fixed asset which is purchased by the assessee?

Please clarify on this.
Profile Image

Udaya Chandran

Profile Image

Udaya Chandran (Expert)
24 December 2018 According to section 19, capital goods means the goods which are capitalized in the books of accounts.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links