state govt allowed to operate to hospital on PPP basis and has right to operate for 33 yrs. and the company did the operation and management agreement with their own trust for 33 yrs and all the expenditure for building are treated as revenue expenditure on the basis that we have only operation and management contract that's y after 33 yrs we have to vacate that place and therefore it is revenue expenditure.
whether it should be capitalised or not..?
CAclubindia
