Nature if expenditure
sagar (mathura) (214 Points)
22 April 2016
payment made to brokers for purchasing share by a company is a capital expenditure or a revenue expenditure.
5 Replies
nawaz
(CA-CPT)
(41 Points)
Replied 22 April 2016
It is revenue expenditure...it is of recurring in nature.
hary
(CA)
(116 Points)
Replied 25 April 2016
then what is the purpose of investment,
unless it provided in moa how can company can invest or purchase the shares !
unless it provided in moa how can company can invest or purchase the shares !
hary
(CA)
(116 Points)
Replied 25 April 2016
and if moa supports this the entire amount should become investment made by the company in another company and it is neither revenue nor capital expenditures it will become the investment only.
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