Dear All,
Our company is going to invest amount for instalation and increased band widtth charges viz., complete internet set up. Please suggest whether the same is to be capitalized or to be kept in prepiad and trasfer on month to month.
Nagarjun (Chartered Accountant - Job) (62 Points)
27 April 2018Dear All,
Our company is going to invest amount for instalation and increased band widtth charges viz., complete internet set up. Please suggest whether the same is to be capitalized or to be kept in prepiad and trasfer on month to month.
satish
(teaching)
(2046 Points)
Replied 28 April 2018
it is a revenue expenditure.
so transferred to profit and loss a/c
CAclubindia
