capital expenditure V/s revenue expenditure
This query is : Resolved
27 August 2009
if an enterprise wanted to shift their office building to a new building, and the new building(under construction) was owned by managing director of the enterprise.
My query was whether the enterprise booked this construction expenditure in the enterprise books of accounts(rent is paid by the enterprise) or is there any other treatment for this
My query was whether the enterprise booked this construction expenditure in the enterprise books of accounts(rent is paid by the enterprise) or is there any other treatment for this
28 August 2009
depreciation on any capital expenditute is allowed, irrespective of the fact assessee owns the premises or not.so it is allowed
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Is CFA or actuary good after CPA and CMA
- Transferring CA articleship from old to new scheme of education and training
- GST Refund SB005 Error
- Notice u/s.148- Asstt.Year 2015-2016
- Invoice Numbers Wrongly Entered
- TDS on purchase of value vouchers for employees ?
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
