TMI BlogExpenditure Revenue Vs CapitalX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether amount paid for plan approval of the building is to be capitalised or to be treated as revenue expenditure. - Reply By CA Rachit Agarwal - The Reply = Construction of building includes the p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lanning stage as the first stage and the expenditure for the said purpose should be capitalized. - Reply By Seetharaman K C - The Reply = This definitely needs to be capitalised, as you may be aware ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that even expenses like transportation upto site is to be capitalised, then there is no problem in capitalising this expense as it is incurred for the creation of the asset itself - Expenditure Reve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nue Vs Capital - Query Started By: - CHITRA RAGURAM Dated:- 3-2-2011 Other Topics - Got 2 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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