One UPS Purchased in last finacial year 11-12 and installed ia retail store and capitalised in the books. Now there is repair required which cost Rs.8000/- whether it will be revenue expenditure or capital expenditure.
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Revenue expenditure or capital expenditure
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Anything which will increase the working capacity of the asset has to be capitalized irrespective of the amount spent... Plz check the nature of the expenses...
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