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Is expenditure on government on defence …

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Is expenditure on government on defence items is to be treated as capital nsture or not??
  • 3 answers

Khushi Varshney 5 years, 8 months ago

ALL DEFENCE PUCHASES ARE TREATED AS REVENUE EXPENDITURE........

Mukul Yadav 5 years, 8 months ago

Depends on the expenditure, if spend on arms like rifal from russia is a capital expenditure as the asset increases of arms goods But if spend for the army person like their food, dress, compensation will be of revenue nature

Ravisha Pasricha 5 years, 8 months ago

Its a revenue expenditure
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