Drawings and Design expenditure incurred prior to bulding and development of a building is capital or revenue in nature ?
Rinky Gupta (-) (117 Points)
03 March 2014Drawings and Design expenditure incurred prior to bulding and development of a building is capital or revenue in nature ?
Saurabh Anokhchand Jain
(Chartered Accountant)
(1043 Points)
Replied 03 March 2014
Expenditure incurred before construction of building is Capital expenditure
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