Capital or Revenue expenditure
Amount spent to reduce working expenditure Is this capital or Revenue expenditure???
Answers (10)
Icai*
Assume, a company built an automation system. This will reduce working expense (for more than one period). Hence capital expenditure.
Assume, a company built an automation system. This will reduce working expense (for more than one period). Hence capital expenditure.
But as per icai same qus. Given in mtp aug. 20 specified that it is a revenue expenditure
But as per icai same qus. Given in mtp aug. 20 specified that it is a revenue expenditure
Where is MTP for Aug-20? I could find only MTP for May-20.