Is it the revenue expenditure?
This query is : Resolved
22 March 2012
Dear All experts,
Whether expenditure incurred by a public limited company on Establishing Staff Colony will be trated as Revenue Expenditure or Not?.
Please advice me wih some references.
An early reply is highly appreciated.
Thanks...
Whether expenditure incurred by a public limited company on Establishing Staff Colony will be trated as Revenue Expenditure or Not?.
Please advice me wih some references.
An early reply is highly appreciated.
Thanks...
23 March 2012
Dear Sushil
As per your queries Company has construct Residectial building for staff than it should be a capital expenditure.
As per your queries Company has construct Residectial building for staff than it should be a capital expenditure.
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