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capital items taken as revenue

This query is : Resolved 

04 July 2009 I want to know that whether following items should be capitalised or taken as expenses.
1. Electronic weighing scale Rs. 1600/-
2. Computer Monitor Rs. 7100
3. Installation expenses of AC 10000/-
4. Antiwirus software Rs. 7100/-
5. Repalcement of AC Rs. 6000/-
6. Electronic items like helogen bulb, lights tubelights Rs. 12100/-
7. Server machine Rs. 5100/-

Thanks

05 July 2009 1. Electronic weighing scale Rs. 1600/-
Capitalise

2. Computer Monitor Rs. 7100/- If replacement then revenue

3. Installation expenses of AC 10000/- Capitalise

4. Antiwirus software Rs. 7100/- Revenue as to be renewed each year.

5. Repalcement of AC Rs. 6000/- If spare part then revenue, if whole replacement then capitalise

6. Electronic items like helogen bulb, lights tubelights Rs. 12100/- If first time including installation capitalise, otherwise revenue

7. Server machine Rs. 5100/- Capitalise


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