[Solved] Repairs incurred before installation of an assets is..................

McqMate

Q.	Repairs incurred before installation of an assets is..................
A.	capital expenditure.
B.	revenue expenditure.
C.	non business expenditure.
D.	none of these.
Answer» A. capital expenditure.

1.7k

0

Do you find this helpful?

13

View all MCQs in

Discussion

No comments yet

Related MCQs

Interest n loan taken before 1-4-1999 for construction or repairs of self occupied house shall be deducted up to Rs: .......................................
Cost of improvement incurred prior to 1.4.81 is................
What is the date on which Fair Market Value of capital assets acquired is determined?
FMV on 1.4.81 is applicable to assets.......................
Excise duty and sales tax are allowed as deduction if paid before......................