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Amount spent to reduce working expenditure Is this capital or Revenue expenditure???
Answers (10)
Jay Khunt
Icai*
Assume, a company built an automation system. This will reduce working expense (for more than one period). Hence capital expenditure.
CA Suraj Lakhotia Admin
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
Jay Khunt
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.