Urgent help needed
This query is : Resolved
10 November 2015
We have purchased Philips Led 10 Nos. for using in false ceiling and 1 cost around Rs.4200/- and total Rs.42000/- My question is I have to capitalize it or show as expense. If expense on which head. Thanks
11 November 2015
it can be treated as revenue expenditure, no issues.
11 November 2015
Thanks Sir, expense head please
12 November 2015
lighting, heating charges or some such suitable head will do
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