TMI BlogTo solve the knotty issue of capital/revenue expenditure the aim and object of the expenditure is to be...To solve the knotty issue of capital/revenue expenditure the aim and object of the expenditure is to be considered not the quantum. - entries made in the books of accounts do not decide the true nature of expenditure. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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