Rewinding charges of generator alternator
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 June 2014
Dear Sir
please explain me whether cost of rewinding of engine alternator (125 kva generator)paid by our company Rs.50000/-is revenue exp. or it is capital exp.
please clear me urgent
thanks & best regards
Rupesh Kumar Gupta
please explain me whether cost of rewinding of engine alternator (125 kva generator)paid by our company Rs.50000/-is revenue exp. or it is capital exp.
please clear me urgent
thanks & best regards
Rupesh Kumar Gupta
04 June 2014
if it is in the nature of current repairs of fixed assets then it is certainly expenditure of revenue nature and if not then it is a capital expenditure. Please evaluate the situation to conclude on the subject matter.
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