Neon and glow sign installations are revenue expenses, not capital assets, due to their non-permanent nature. https://www.taxtmi.com/highlights?id=3999 Capital vs revenue expenditure - by putting the neon signs and glow signs, no asset of permanent nature is created. Simply because self-life of such neon signs is more, may not be of any significance once - HC en-us Wed, 13 Jun 2012 09:06:29 +0530 Wed, 13 Jun 2012 09:06:29 +0530 TaxTMI RSS Generator Neon and glow sign installations are revenue expenses, not capital assets, due to their non-permanent nature. https://www.taxtmi.com/highlights?id=3999 Capital vs revenue expenditure - by putting the neon signs and glow signs, no asset of permanent nature is created. Simply because self-life of such neon signs is more, may not be of any significance once - HC Highlights Income Tax Wed, 13 Jun 2012 09:06:29 +0530 https://www.taxtmi.com/highlights?id=3999