Can i claim capital expenditure as a revenue eexpenditure in respect of expenditure incurred on repairs in subsidiary . not a WOS.
ACCOUNTS08 (WORK) (142 Points)
11 March 2019Can i claim capital expenditure as a revenue eexpenditure in respect of expenditure incurred on repairs in subsidiary . not a WOS.
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 11 March 2019
ACCOUNTS08
(WORK)
(142 Points)
Replied 11 March 2019
yes but billings are in the name of holding company.
ACCOUNTS08
(WORK)
(142 Points)
Replied 11 March 2019
So how can the same be resolved becoz the vendor is refusing to change the invoices also inpuit credit has been claimed by holding company.
pramud
(Chartered Accountant)
(39 Points)
Replied 11 March 2019
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