Direct Expenses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 October 2010 Power & fuel of Labour"s Residence is this is a direct expenses ?? the labour r directly related with production.

CA Navin Jain

CA Navin Jain (Expert)
Follow

28 October 2010 YES IT WOULD BE TREATED AS DIRECT EXPENSES

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

28 October 2010 dear anonymous,

Power & Fuel expenses will be treated as direct expenses.

list of Direct Expenses:
expenses connected with purchases of goods are known as "direct expenses”. for example: fright, insurance of goods in transit, carriage, wages, customs duty, octori duty.

Regards,

Mayur Agrawal

Mayur Agrawal (Expert)
Follow

28 October 2010 I think it should be indirect expenses bcoz it is not a wages or also not power and fuel connected to production or purchase.

Querist : Anonymous

Querist : Anonymous (Querist)

29 October 2010 Power & fuel of factory is a indirect expenses cuz it is a factory overhead bt power & fuel of labour residence is a direct expenditure cuz it is a direct expenses on labour.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok