Misc. Exp.
This query is : Resolved
18 August 2009
there is no limit. keep it little as you can
18 August 2009
can i entered in misc exp. a/c for machine tools purchase from shop?
18 August 2009
I think Its depends upon your Business & amount.How much you are giving for tools ?
If you used your machine in any Production, then you have to take the tools expense as small assets of your business.if its your onetime investment otherwise you can take this exp.as misc. exp.
If you used your machine in any Production, then you have to take the tools expense as small assets of your business.if its your onetime investment otherwise you can take this exp.as misc. exp.
18 August 2009
Rs.950/- on below Rs.950/- & It is used in production for machine which we sale to other.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- About TDS & Income Tax
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
