Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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



If any payment made for purchase of computer parts (mother board , ram, monitor)say 1/100 of month..

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.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

0 Answers   DBS,


Who is an assesse?

1 Answers   OPI Global,


I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?

0 Answers  


What is the limite of deducted of WCT & how we fill the return in Haryana

1 Answers   Vardhman,


our Consinor Vat rate @14.5%(revised rate) In pujab , is the same rate applicable in A.P. Ex:I have billed 10 auto tubes each @ 120/- = 10*120=1200 + vat 14.5% = 174 total bill value Rs.1374/-...can we collect 14.5% vat or 12.5%(in A.P.) vat from customer..

2 Answers  


What is DSCR and how to calculate the same.

1 Answers  


What are the types of provident funds?

0 Answers  


What is the rate of TDS for the year 2008-09..

0 Answers   ABN AMRO, IBM,


Can any one clearly difine what is Works Contract with suitable exemple

2 Answers  


I received TDS Certificate (Form No 16A) from one company, they diduct the amount from our bills. how can i refund that amount. pl tell me.

10 Answers  


what is bank reconcillation statment,balance sheet,thumb rules of accounts,depreciation?

1 Answers  


What is the TDS % & limit on Maintance Charges of Office Space.

4 Answers  


Categories