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If any payment made for purchase of computer parts (mother
board , ram, monitor)say 1/100 of monthly income (if income
is 1000 & expences is rs.10) than whether it is computer
expence (revenue expenditure) or computer (capital
expenditure). Kindly specify in detail
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Answer / abhivirthi tax and industrial
Payments made for Purchases of a computer with CPU, Mouse, KeyBoard and Monitor etc., is called Capital Expenditure and other purchases i.e. spare parts of the Computers were called Revenue expenditure.
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