capital exp or revenue exp
nisha k (article assistant) (106 Points)
11 February 2019
CA CS Chirag
(Practicing CA)
(834 Points)
Replied 11 February 2019
if expenditure is high it should be capitalized as it adds to the life of building and is assumed to be consumed over the useful life of the related fixed asset
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 11 February 2019
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961