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Querist : Anonymous

Querist : Anonymous (Querist)

17 December 2013 Issue-1: Flex boards installed for advertisement are to be treated as Fixed Assets or as revenue expenditure?

Issue-2: Packages taken for foreign trips whether tds to be deducted of travel agency?

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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17 December 2013 Issue 1: As per my view the life of flex boards is generally short term means with in one year, so it shall be treat as revenue expenditure.

Issue 2: I think TDS to be deduct, but i am not sure.

For exact suggestions from other experts i keeping this query as Open, the reply given by me is just my opinion not confirm.

OM SAI SRI SAI JAI JAI SAI

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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17 December 2013 So i also update my knowledge.

OM SAI SRI SAI JAI JAI SAI

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