A pvt ltd company incurred expenditure on Advertisement on Hoardings / News paper publicity etc to develop brand Image.
being expenditure incurred is on capital nature, Does it comes under patents / Trade marks head in Schedule VI of Balance sheet or some other head? and also pls let me know the depreciation %
I dont think it is capital expenditure. But it can be deferred revenue expenditure as you are gonna get the benefit for many years to come.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
