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Capital vs revenue

Accountancy

Sir in this question point why it is classified as revenue expenditure?? as it leads to endurable benefit..

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Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

05-Nov-20 20:55

339

Answers (3)

It is capital


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

06-Nov-20 12:44

CA Suraj Lakhotia Admin

It is capital

But in icai key it is revenue


Thread Starter

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

06-Nov-20 12:44

ICAI can be wrong.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

06-Nov-20 13:44

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