Itc


(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???


CA R SEETHARAMAN (Expert)


Click to Talk 17 September 2019
Batteries for which equipment or vehicles.

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

CA R SEETHARAMAN (Expert)


Click to Talk 18 September 2019
ITC available capitalise in case life is more than one year


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