Capital or revenue exp

Saurabh Toshniwal (ca final) (2358 Points)

21 January 2020  

we have purchased a dg set of rs 50 lakhs which is a part of big machine. this dg set can be used only with the machine and not without the machine, its a part of machine.

whether it will be capital expenditure or revenue expenditure. kindly share supreme court judgement, if any.