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06 September 2010 Respected Experts pleese guide me IF WE REPLACE THE FRONT BOARD AND FLEX OF THE FRONT OF THE SHOWROOM THEN WHAT SHOULD WE TREAR IT " AS CAPITAL EXPENDITURE" (FURNITURE AND FIXTURE) OR "REVENUE EXPENDITURE"(OFFICE EXPENSES)

06 September 2010 whats the amount.... if its less than treat it as revenue or else capitalise it....

07 September 2010 amt is Rs8500/-


07 September 2010 if your turnover is above 5-6 lacs than dont capitalise.....
Just have Maintenance exp head in P&L account... Auditors wont bother for it...

You can capitalise if you need but for such amount i will advice not to do it...

07 September 2010 Our annual turnover is over 8 crore

07 September 2010 expense out... dont capitalise....

07 September 2010 Thanks a lot sir



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