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Itc

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(Querist)
17 September 2019 wether ITC available for purchase of batteries ?? what is the accounting treatment for battary purchase. wether it can be capitalised or shown as revenue expenses like repairs and maintenance???
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 September 2019 Batteries for which equipment or vehicles.
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MANJUNATHA BHAT

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MANJUNATHA BHAT (Querist)
18 September 2019 Sir, these battaries for Computer Lab (For Computers)



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 September 2019 ITC available capitalise in case life is more than one year

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