Nature of Expenditure
This query is : Resolved
Shyam Lal Naik
(Querist)
05 August 2010
Dear Experts,
Whether mobile phone handset given to directors/employees are capital / revenue expenditure?
Please answer with reason.
Whether mobile phone handset given to directors/employees are capital / revenue expenditure?
Please answer with reason.
CA Sanat Pyne
(Expert)
05 August 2010
if parmanently given to them then it is in the nature of revenue.
or If it is given just for use, then it is to be capitalised.
or If it is given just for use, then it is to be capitalised.
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