Advertisements
Advertisements
प्रश्न
State whether the following expense is Capital or Revenue.
Legal expenses incurred for defending a suit of income tax.
उत्तर
Revenue Expenditure
Reason:
It is spent on defending against an income tax lawsuit.
APPEARS IN
संबंधित प्रश्न
This expenditure relates to normal functioning of the government departments and provision of various government services. The main examples of such expenditures are salaries, pensions, interest, subsidies, grants to the state governments, etc.
Give six examples of revenue expenditure becoming capital expenditure.
An expenditure benefiting the current year is ______ expenditure.
State with reason whether the following is Capital or Revenue Expenditure:
Whitewashing of office premises.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Purchase of typewriter ribbons.
State, whether you would consider the following as Capital Expenditure or Revenue Expenditure.
Repairs of typewriters.
Classify the following into Capital and Revenue Expenditure.
Import duty on raw materials purchased.
Give five examples of revenue expenditure.
Classify the following:
Purchase of stationery.
Which of the following are Capital Expenditure, Revenue Expenditure and Deferred Revenue Expenditure?
Wages, salaries and rent outstanding.
