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प्रश्न
State with reason whether the following is Capital or Revenue Expenditure:
Cost of replacing the worn-out parts of a machinery.
उत्तर
Revenue Expenditure
Reason:
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संबंधित प्रश्न
Explain the rules for deciding whether an expenditure is of revenue nature.
Any expenditure intended to benefit the current period is revenue expenditure.
Any expenditure incurred to reduce the operating expenses is revenue expenditure.
State whether the following is Capital, Revenue or Deferred Revenue Expenditure.
Legal expenses for defending the ownership of a trade mark.
State whether the following expense is Capital or Revenue.
Legal expenses incurred for defending a suit of income tax.
State whether the following expense is Capital or Revenue.
Fire insurance premium on premises.
Classify the following into Capital and Revenue Expenditure.
Freight on goods purchased.
Classify the following into Capital and Revenue Expenditure.
Whitewashing of office building.
Classify the following:
Interest paid on a loan.
Classify the following into capital expenditure and revenue expenditure.
Repairs of office furniture.
