Capital goods definesion
Anuj Sharma (79 Points)
01 October 2017
what is correct and simple mean of capital goods
2 Replies
karan vij
(64 Points)
Replied 01 October 2017
capital goods are those goods the transaction of which is recorded in books of account
Umang Sajnani
(Mr)
(71 Points)
Replied 01 October 2017
Capital goods means the goods which are capitalised in the value of the asset and which are used in business of the taxable person.
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