should these item be capitalized?

Querist : Anonymous (Querist) 24 February 2011 This query is : Resolved
sir, plz tell me about we purchased flex board heavyduty & we can not deal in this type of item. wether this item is capital nature or revenue nature.

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Guest (Expert) 24 February 2011
Depends upon the purpose for which the flex board was purchased. If that helps in increase of revenue earning capacity the same can be capitalised, otherwise it would be a maintenance item to be charged to revenue.

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