dedonding charges
This query is : Resolved
R.MURUGADASS
(Querist)
06 April 2009
for a 10B company - debonding charges paid on assets taken on loan basis will be capital or revenue nature?
CA. B.SRINIVASULU
(Expert)
07 April 2009
Debonding charges paid will be of revenue nature. Beacause of paying that charges the asset value will not get increased.
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