Poonawalla fincorps
Poonawalla fincorps

Purchased of compressor for ac machine

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 June 2018 We have purchased of Compressor for AC Machine of Rs 37000/- on dt 25.05.17. .

Please inform me the the above purchased is Revenue Exps or Capital Exps.

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Expert : Anonymous

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Expert : Anonymous (Expert)
09 June 2018 What about already used compressor?

10 June 2018 You can considered as repairs and maintenance Exps, any exps subsequent to capital goods can be considered as revenue expenditure.




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