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प्रश्न
What is capital profit?
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उत्तर
Capital profit is the profit which arises not from the normal course of the business. Profit on sale of fixed assets is an example of capital profit.
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संबंधित प्रश्न
Choose the following item into capital and revenue.
Registration expenses incurred for the purchase of land.
Choose the following item into capital and revenue.
Repairing charges paid for remodelling the old building purchased.
State whether the following is capital and revenue.
Construction of building ₹ 10,00,000.
Choose the following item into capital and revenue.
₹ 50,000 spent on a railway siding.
Choose the following item into capital and revenue.
Loss on sale of old furniture.
State whether the following expenditure is capital, revenue or deferred revenue.
Heavy advertising cost of ₹ 12,00,000 spent on introducing a new product.
Choose the following receipt into capital and revenue.
Loan borrowed from bank ₹ 2,50,000.
Identify the following item into capital or revenue.
Audit fees paid ₹ 10,000.
Identify the following item into capital or revenue.
Labour welfare expenses ₹ 5,000.
Identify the following item into capital or revenue.
₹ 2,000 paid for servicing the company vehicle.
