Above Rs. 5K should be capitalised
This query is : Resolved
29 October 2023
whether above Rs. 5K should be capitalized.
And while payment in cash whether revenue stamp is required to affix on payment Rs. 5K. on payment voucher.
And while payment in cash whether revenue stamp is required to affix on payment Rs. 5K. on payment voucher.
30 October 2023
Capitalisation rules changed, plant and equipment life more than one year has to be capitalised.
Depending upon the size of the company value for capitalisation can be decided.
Depending upon the size of the company value for capitalisation can be decided.
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