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Expenditure

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(Querist)
20 July 2009 Whether UPS purchased shall be capitalised or it is revenue exp?and whether it can be clubbed under f.assets 'Computers'???
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
20 July 2009 If complete system is purchased with ups , then it is capitalized. If only Ups is changed with old one , it should be taken as revenue expenditure.

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