Dear sir,
The asseesse is a company,
It purchased fan rs 4000 for office use only.
What it will be treat in books, cap or revenue exp ?
Capitalised or revenue expenses
mahendra sahoo (Gst Practicion) (700 Points)
08 March 2018mahendra sahoo (Gst Practicion) (700 Points)
08 March 2018Dear sir,
The asseesse is a company,
It purchased fan rs 4000 for office use only.
What it will be treat in books, cap or revenue exp ?
CA Srujann kumar Reddy
(Asst Manager(Internal audit))
(1679 Points)
Replied 08 March 2018
You can treat the same as capital expenditure no problem
NARESH CHANDRA KHANDURI
(KHANDURI&ASSOCIATES)
(86 Points)
Replied 08 March 2018
mahendra sahoo
(Gst Practicion)
(700 Points)
Replied 13 March 2018