Capital goods
This query is : Resolved
22 December 2018
Hi,
Actually what all are capital goods? whether only machines for the production or all kind of fixed asset which is purchased by the assessee?
Please clarify on this.
Actually what all are capital goods? whether only machines for the production or all kind of fixed asset which is purchased by the assessee?
Please clarify on this.
24 December 2018
According to section 19, capital goods means the goods which are capitalized in the books of accounts.
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