| Originally posted by : PARUL | ||
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A Machinery was purchased in Bihar. During the transit the machine was damaged and the cost of repairs incurred is 20000. This expense is treated as (a) Capital Expense (b) Revenue Expense (c) Deferred Revenue Expense (d) None |
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i thing that it is a capital exp.
| Originally posted by : PARUL | ||
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act of a partner for acquiring an immovable property on behalf of firm is within provisions of —— —— authority under the Indian Partnership Act, 1932 (a) Implied (b) Semi-implied (c) Restricted (d) Expess |
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@ jyothish kumar.g
pls post new questions and pls don't post answers for already answered questions....
income tax is not levived on income from agriculture ?
if any website is released cpt dec 2012 quest paper are u guys know any about that?
if yes pls post the website link
@ parul
did you analyse te question paper?
how many marks do yo got according to that?
in this paper its given revenue expense but i marked capital expense... n 9 questions r missing.. if the rest questions r known i can estimate my result... what abt u checked
????????
am also confused abt that......it is capital exp na,,,,,,,,repairs to the machinery is the capital exp.....
wat is ur final mark?
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