Capital & rev..... Exp

Accountancy

amount paid to management company for consultancy to reduce work expenses can anyone tell me whether it is which type of expenditure of above .lines........

Balachandar S

CA Inter

★ 59K+

05-Mar-22 19:37

500

Answers (6)

Revenue

CA Suraj Lakhotia

Admin

05-Mar-22 19:39

CA Suraj Lakhotia Admin

Revenue

Sir why not deterred rev.....

Thread Starter

Balachandar S

CA Inter

★ 59K+

05-Mar-22 19:40

Thread Starter

Balachandar S

Sir why not deterred rev.....

Deferred *

Thread Starter

Balachandar S

CA Inter

★ 59K+

05-Mar-22 19:40

As per accounting standards you cannot defer expenditures. You will understand this at CA inter

CA Suraj Lakhotia

Admin

05-Mar-22 19:41

CA Suraj Lakhotia Admin

As per accounting standards you cannot defer expenditures. You will understand this at CA inter

Ok sir got it....

Thread Starter

Balachandar S

CA Inter

★ 59K+

05-Mar-22 19:42

Revenue

Simran Gupta

CA Foundation

★ 5

05-Mar-22 20:32