Answer / karanam

Revenue expenditure is an expenditure which has recurring
in nature( occurns frequently).

example: electricity bill ,rent etc;

Answer / hamza

expe , which is occur for genrating revenue (Sales)
like salary , rent communication exp eyc

Answer / anilkumar(m.b.a)

An expenditure that incurred in the course of regular
business transactions of a concern.

Answer / satyaki_raju@yahoo.co.in

Mr.Karanam thanQ for the attempt. Why dont you try to
attempt all the questions posted under Tax Time. If needed
I will send complete KEY for all the questions. Send your
mail id immediately

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