banner_ad

Tax treatment for name boards

Tax queries 2079 views 4 replies

Cost incurred for Co/s name board-Is it revenue exp? 

 

Pl respond.

Replies (4)
It is revenue exp, as it wil be not used for the purpose of producing or providing goods & services,to capitalise any exp this is one of the important criteria.

It is a Capital asset and can take depreciation under factory building considering it as a part of factory. Mostly we take it as capital asset after considering the cost of the Name Board. And the name board is mandatory for a factory & business premises as per Law. So we capitalised it.

Sir, Can u clarify it in a techinical terms ?

Sir if the cost is 1lakh rupees then will it a revenue or a capital expenditure?  


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details