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Capital vs revenue

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 Inter

★ 2K+

05-Nov-20 20:55

60

Answers (3)

It is capital

Suraj Lakhotia

Suraj Lakhotia

Admin

06-Nov-20 12:44

Suraj Lakhotia Admin

It is capital

But in icai key it is revenue

Thread Starter

Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

★ 2K+

06-Nov-20 12:44

ICAI can be wrong.

Suraj Lakhotia

Suraj Lakhotia

Admin

06-Nov-20 13:44

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