Reclassification of Capital Expenditure - Office equipment, Furniture & Fixtures, ICT

 

Reclassification of Capital Expenditure

Source: Click for RB Letter No. 2023/F(X)-I/33/Misc/4 dated 06.04.2023

• As of now, the office equipment, furniture, fixtures, computers etc are treated as Revenue expenditure irrespective of its value. 

• However as per the Railway Board Letter under reference, wherever exceeds threshold limits, they will be treated as Capital Expenditure instead of Revenue Expenditure. The details are as follows: 

Items	Exceeding Threshold Limit  (Either of two)		Chargeable to Capital Expenditure under Plan Head ______
	Value	Useful life
Office equipment and Furniture & Fixtures	1 Lakh	3 Years	PH 41 - M&P (Machinery & Plant)  or PH 64 - OSW (Other Specified Works) Or Relevant PH
Computers - Hardware & Software and Telecommunication devices	1 Lakh	3 Years	PH 17 - Computerisation Or Relevant Plan Head
Vehicles (Office or otherwise)	Irrespective of value	Irrespective of useful life	PH 41 - M&P

Notes: 

1. The items of Office equipment and Furniture & Fixtures, ICT equipment as Capital expenditure (i.e., exceeding threshold limit as above)  - Procured either as part of the Sanctioned Work or through Lumpsum provision. 

2. ICT stands for Information & Communication Technology

Vetting of NS - Non Stock Indents / Requisitions - Stores

 Vetting of NS - Non Stock Indents / Requisitions   - Stores

Stores Purchase Orders - Vetting - Values

Stores - AAC approval of ABC Categories

 Stores - AAC approval of ABC Categories 

Constitutional Provisions (Articles) - Indian Railways

 

Constitutional Provisions (Articles) - Indian Railways

SN	Picture	Article	Description
1		112	Annual Financial Statement (Budget)
2		113 (1)	Charged Expenditure
3		113 (2)	Voted Expenditure
4		114 (1)	Appropriation Bill
5		115	Supplementary, additional or excess grants
6		116	Vote On Account (VOA), Vote Of Credit & Exceptional Grants
7		120	Language to be used in the Parliament
8		210	Language to be used in the Legislature
9		266 (1)	Consolidated Fund of India
10		267	Contingency Fund of India
11		266 (2)	Public Account of India
12		343	Official Language of the Union
13		344	Commission (OL) & Committee of Parliament on OL
14		345	Official Language or Languages of the States - Can adopt one or more languages as Official Language
15		346	Language for the time being authorized as Official Language will be used for communication between one State & Other State and between a State & the Union
16		347	Special provision relating to language spoken by a Section of the population of a State
17		348	Language to be used in the Supreme Court and High Courts  (Acts, Bills, Ordinances, orders, regulations, and bye-laws issued under the Constitution shall be in the English language)
18		349	Special Procedure for the enactment of laws relating to languages
19		350	Language to be used in the Representations for redressal of grievances by an Individual (citizen) - Any language can be used  (for Central Govt employees - Only English or Hindi)
20		351	Development of Hindi Language - Directives