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Rakhi Vasavada
Rakhi Vasavada, Financial Advisor
Category: Finance
Satisfied Customers: 4550
Experience:  Attorney and Financial Expert. Have specialization in Financial Laws.Practice experience of over 13 years
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The client has spent monies on legal and professional fees

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The client has spent monies on legal and professional fees to trade mark his idea. is this capital or revenue expenditure.

Dear Friend,

Hello and welcome. Thank you for providing an opportunity to assist you.

All expenditure, with regard to Creating a Patent and maintaining it -- including all legal and ancillary expenses are classified as CAPITAL Expenditure.

I am sure this would help.

You may please leave a positive rating if this helps as this is the only way we are compensated for assisting you. Alternatively, you may revert back with a reply if you need further assistance or if I have missed out on any aspect of your question.

Warm Regards,

Rakhi Vasavada and other Finance Specialists are ready to help you
Customer: replied 10 months ago.
whats your qualificatin

I am an attorney specializing in financial matters and economic disputes (Commercial Disputes)

Warm Regards,