What is the meaning of capital profite and capital reciet?
both are same or any different are there?
- 5 Answers
- 13766 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / prasanna11149@yahoo.co.in
A capital receipt is a receipt which is derived from sale
or purchase of capital assets like plant and machinery,
furniture, investment (long term) etc., which shall not be
occuring all the time. A revenue receipts is something
which is earned from daily activities like sale of goods or
purchase of goods etc. A revenue receipts shall be
repetative in nature and shall be shown or credited in the
profit and loss account.
The main difference between revenue receipts and capital
receipts is that revenue receipts are recurring in nature,
which the government can expect to receive year after year,
whereas capital receipts are a kind of one-time income. Eg.
the salary you receive is your revenue receipt and the
income you receive by selling your home is capital receipt
| Is This Answer Correct ? | 16 Yes | 4 No |
Answer / erphan jani khan
Profit earned on the capital invested in the business is
capital profit. Where as capital receipt means income on
sale of assets.
Both are not same. As Income is not a profit just it is a
receipt.
| Is This Answer Correct ? | 8 Yes | 4 No |
Answer / kaushal jha.
The Profit which is earn due to invest Capital or by capital
is called capital prifit and Capital receipt is a receipt
which is not revenue in nature. It may be a long time
distance.
| Is This Answer Correct ? | 4 Yes | 2 No |
CAPITAL PROFIT: a profit that a company makes by selling a capital asset.
CAPITAL RECEIPTS: CAPITAL RECEIPTS is proceeds from the sale of capital assets. They may be used to finance new capital expenditure or repay existing loan debt. Receipts available to finance capital expenditure in future years are normally held in the usable capital receipts reserve.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nilesh
capital profit= your invested fixed assets and investment in long term as per income tax rule.this invested fixed assets & investment sales and your make profit on invested capital this capital profit. capital receipt it means invest you cash fund in any assets and your receive against assets this assets is capital receipt
| Is This Answer Correct ? | 0 Yes | 0 No |
what is status report? and flow report?
Expand ------HMDA
What is General Accounting
22 Answers Accounting, Genpact, TATA,
Expand E P F
journal entry for depreciation
please tell me that how much percentage of shares of a company must be purchased so in order to start the company??
Who will be called as consignee
why did u choose this firm
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me
what's accounts payable
5 Answers BPO, Genpact, Global Info Vision, ITI,
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
I PURCHASE A GOODS FROM OUTSIDE STATE WORTH RS.50000 & PAY FREIGHT RS.5000 PAY 2% C.S.T RS.1000 INVOCE VALUE SHOWN TOTAL=56000 ST-38 FORM VALUE RS.56000. DOES WE INCULDE THE FREIGHT ENTRY. WHAT ENTRY WE WILL DO. PLEASE
3 Answers Bank Of America, JPMorgan Chase,
Audit 
