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Payment amount improvement expenses treatment

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Kollipara Sundaraiah

Kollipara Sundaraiah (Querist)
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01 February 2023 Sir,
It assessess own property land and another person assessess land occupied .if assessess some amount pay to land occupied person.
Question:
Assessess land occupied person paid amount improvement of land expenses treatment in it act.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 February 2023 Yes, capitalise to the land.

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