jaggu
asked almost 3 years ago
Whether CSR expense is a Capital expenditure?or revenue expenditure?
0
0
Answer Now
Comment
Report
1 Answers
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
veeru
answered over 2 years ago
The FAQs clearly mentions that any CSR expenditure that could satisfy the definition of an asset[3] should be properly acknowledged in the balance sheet of the company under specific headings as applicable with “CSR” prefix to it. For example – if a building has been constructed for CSR purpose, it may be labelled as “CSR property”.
