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)
(7543 Points)
Replied 11 February 2019
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)