Nature if expenditure

AS 248 views 5 replies
payment made to brokers for purchasing share by a company is a capital expenditure or a revenue expenditure.
Replies (5)
It is revenue expenditure...it is of recurring in nature.

was trading in shares is regular business to company?

no its not regular business.
then what is the purpose of investment,
unless it provided in moa how can company can invest or purchase the shares !
and if moa supports this the entire amount should become investment made by the company in another company and it is neither revenue nor capital expenditures it will become the investment only.


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