Interior work is Capital expenditure or Revenue expenditure for Hospital.PLs Clarify ...........
jayaprasad (Accounts & Finance Manager) (74 Points)
26 April 2012Interior work is Capital expenditure or Revenue expenditure for Hospital.PLs Clarify ...........
Harkesh Kumar
(Finance Manager)
(97 Points)
Replied 26 April 2012
Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so expenses (Interior Decoration) incurred for earn profit it will come under capital expenditure.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
CAclubindia
