Capital expenditure
Querist : Anonymous
Matter- One of my clients paid directors remuneration to its directors before start its business.
My question is that is it capital exp. or revenue exp.
urgent
Querist : Anonymous
My point of view is that it is a expense which is related to before starting a business
on the basis of above point is it revenue exp or capital exp
https://taxguru.in/income-tax-case-laws/expenses-incurred-dates-commencement-business-setting-business-allowable.html
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