CAPITAL VS REVENUE
This query is : Resolved
06 November 2008
EXPENSES ON CONSTRUCTION OF ADVERTISEMENT HOARDING IN A PRIVATE LAND CAN BE TREATED AS REVENUE EXPENDITURE?? WITH REFERENCE TO S.37(3) DELETED EARLIER....
06 November 2008
More details required, as to creation of any asset value.
06 November 2008
EXPENSES ON CONSTRUCTION OF ADVERTISEMENT HOARDING IN A PRIVATE LAND CAN BE TREATED AS REVENUE EXPENDITURE?? WITH REFERENCE TO S.37(3) DELETED EARLIER....
06 November 2008
EXPENSES ON CONSTRUCTION OF ADVERTISEMENT HOARDING IN A PRIVATE LAND CAN BE TREATED AS REVENUE EXPENDITURE?? WITH REFERENCE TO S.37(3) DELETED EARLIER....
07 November 2008
If the hoarding consists of any assets (plant etc.,) of enduring value, then to that extent they are only capital.
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