Easy Office

Capital or revenue expenditure

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 January 2017 Purchase of electrical cables are capital or revenue expenditure?
Profile Image

CA Suresh Jain

Profile Image

CA Suresh Jain (Expert)
19 January 2017 As a thumb rule, If it is for new installation, it is Capital Expenditure and if is for repairing of existing one , it is revenue Expenditure
Profile Image

Madhav Krishna

Profile Image

Madhav Krishna (Querist)
19 January 2017 if it is a new istallation,is it accounted under head office equipment




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links