Company Commercial Vehicles Regarding
This query is : Resolved
07 May 2011
Tyres purchase for a Vehicle is comes under expenditure or Asset.purchase value is 20 to 50 thousand
07 May 2011
Any repairs or replacements done to vehicle come under Revenue Expenditure only, irrespective of the quantum of the expenditure so incurred. So, in this case, the tyres shall be under the head expenditure only.
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