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amount spent to reduce the working expenses This is R or C exp anyone confirm me with logic ......also pls.......
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CA Suraj Lakhotia Admin
If an asset is being created - then capital. Else revenue. You will understand more in CA Inter.
So as of now.... We need to write it is an rev......am I right sir........
CA Suraj Lakhotia Admin
Which question?
Sir in that 2nd screenshot 6 th Q sub division c under that (iii) point sir........ amount spent to reduce the working expenses that one .sir.......
Thread Starter
Balachandar SSir in that 2nd screenshot 6 th Q sub division c under that (iii) point sir........ amount spent to reduce the working expenses that one .sir.......
That is revenue as no further details are available.
CA Suraj Lakhotia Admin
That is revenue as no further details are available.
So the conclusion is rev....am I right.......sir......
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