Capitalization of expence on New Car
BHADRESH VANDRA (Self Employed ) (16 Points)
26 April 2018BHADRESH VANDRA (Self Employed ) (16 Points)
26 April 2018
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 26 April 2018
CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 26 April 2018
Aamir Ansari
(Student)
(101 Points)
Replied 26 April 2018
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 26 April 2018
BHADRESH VANDRA
(Self Employed )
(16 Points)
Replied 26 April 2018
Aamir Ansari
(Student)
(101 Points)
Replied 26 April 2018
CA CS NITIN MAHAJAN
(CA )
(273 Points)
Replied 27 April 2018
Ferdous
(advocate tax consultants)
(80 Points)
Replied 27 April 2018
as in any capital asset any expenses incurred for stamps or other improvement has to be booked as capital expenses and in no case as revenue expenditure .
vinodkumargupta
(proprietor)
(115 Points)
Replied 28 April 2018
Any expenditure which are supposed to be incurred on assets to make it put to use is a capital expenditure and supposed to be capitalized. In your case you have incurred Rs.15000/ for obtaining number plate form transport authority, Sir, without number of a vechile you can not run it on public road. Hence it is a expenditure which has been incurred for an assest to make it useable so it is a capital expenditure,
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 01 May 2018
Originally posted by : Sanjeev Arora | ||
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payment through DD illegal ? | ![]() |
As per query If it's to particular dept then NO....
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