Poonawalla fincorp
Poonawalla fincorp

Classification of Head

This query is : Resolved 
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(Querist)
18 April 2009 If we purchase bed, bedsheets, pillow, towels etc for a service apartment worth Rs.40000/-. My query is whether we should treat this as revenue exp. or capital exp. and why? Under which head?
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
21 April 2009 answered

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