hi frnds..
while making payment through credit card against purchase of machinery amount charged by credit card co. over and above bill amount of machinery (e.g. Service tax etc) will it be capitalised or not ? pls reply... it's urgent..
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Whether to capitalise or not ?
Replies (2)
Logically, such expenses are to be charge in P&l under BANK CHARGES EXPENSES....
Uday is Correct
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