Capital and revenue expense
This query is : Resolved
08 May 2018
Whether the following are capital or revenue expenditure
i) Paint of name of the company on machine.
ii) Repairs made to replace bolts which had dislodged during transit.
i) Paint of name of the company on machine.
ii) Repairs made to replace bolts which had dislodged during transit.
09 May 2018
Both are revenue expenditure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Flat purchase in name of myself,my wife and son
- Tax on Goodwill on LLP
- Capital Gain Tax & Exemption us 54
- Procedure to surrender export incentive
- Reverse charge on commercial property
- Registration of Articleship
- Old car transaction
- Capital gains -1
- Capital gain tax after 23 jul 2024
- Subject: Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals and
- HRA Exemption taken in income tax return
- Drafting Grounds of Appeal under Service Tax
- TDS on Crypto section 194S
- GST Practitioner Details
- MSME Reporting in 3CB-CD
- SECTION 50AA SHORT TERM CAPITAL GAIN IN CASE OF MLD
- GSTR 3B and GST Challan payment
- How to surrender Duty Drawback
- ITC Reversal & re-claim statement [FY 2023-24]
- Regarding required stamp
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
