Revenue expenditure - purchase of mobile phones by company for employees
ABCDE (Article) (85 Points)
25 January 2017ABCDE (Article) (85 Points)
25 January 2017
Anil Diwan
(Professional)
(83 Points)
Replied 19 February 2017
its a capital expenditure and need to claim depreciation on capitalisation of expenditure.
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