RAHUL SHRIVASTAV (B.Com) (26 Points)
27 September 2017Is rental office renovation expense is capital expenditure.....?
If it is please explain and their journal entry
it is capital expenditure
pass entry under fix asset head
entry for purchase of cement for construction for rs 50000/-
cement 50000/- (cement come under fix asset head )
To party ac 50000/- (from whom u purchase )
whatever applicable for construction u need to capilist it
even professional charges also for concern thing
Umakanth 07
(54 Points)
Replied 27 September 2017
Umakanth 07
(54 Points)
Replied 27 September 2017
miko Ng
(2 Points)
Replied 16 March 2021
Deniljose Joseph
(2 Points)
Replied 30 July 2021
hi office renovation under which head? and gst credit shall we avail ?
CAclubindia
