Iso certification expenses
This query is : Resolved
24 November 2011
Fees paid for ISO Certification - what nature of expenses is this ? can i capitalise this for the FY 2010-11 ?
24 November 2011
The expenditure incurred for obtaining the ISO 9002 certificate is revenue expenditure.
Citation :-
ACIT V. Tirupathi Microtech (P) Ltd., 111 TTJ 149.
The expenditure incurred for obtaining the ISO 9002 certificate is revenue expenditure.
Citation :-
ACIT V. Tirupathi Microtech (P) Ltd., 111 TTJ 149.
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