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Nature of expenditure

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(Querist)
20 April 2012 Motherboard replaced by the company treated as revenue exp or capital exp.?
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
20 April 2012 If it is enhancing the life of the asset than previously ascertained, then it can be capitalised, else charged off.
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aman

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aman (Querist)
20 April 2012 Thanks for soon reply..
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