naveen hp

• Jul 13th, 2007

 

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. 

rama krishna, chirala

• Jul 20th, 2007

 

Capital receipt is a receipt when you sold any business asset like building, machine, furniture etc. Where as revenue receipt refers to receipt of sale proceeds, comission received, tax refund etc.