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Nature of Expenditure

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(Querist)
05 August 2010 Dear Experts,

Whether mobile phone handset given to directors/employees are capital / revenue expenditure?

Please answer with reason.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
05 August 2010 if parmanently given to them then it is in the nature of revenue.

or If it is given just for use, then it is to be capitalised.

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