Purchase of Towel bed sheet
Yasir (article assistant ) (448 Points)
19 October 2023is this is expenses or fixed assets
Yasaswi Gomes new
(Finance )
(4501 Points)
Replied 20 October 2023
Hotel, school and hospital industry is different but all AS standards are applicable when there is a commercial transactions. So it must be capitalised as it's similar to overhaul expenses
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 21 October 2023
Yasaswi Gomes new
(Finance )
(4501 Points)
Replied 23 October 2023
There is materiality as it leads to direct economic benefits
sabyasachi mukherjee
(27282 Points)
Replied 25 October 2023
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)