Construction of godown


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 March 2015 Dear all expert.
if the assessee is constructing the godown in the company for storage of materials. does this exp. is allowed in income tax or not. if yes than in which head it is to be booked

05 March 2015 it is not an revenue exp but a capital exp ...


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