TMI BlogNature of Expenditure - revenue or capital - Weight of other business considerations, the test of...Nature of Expenditure - revenue or capital - Weight of other business considerations, the test of enduring benefit might even break down - the expenditure incurred on laying of the water pipeline involving the land owned by Maharashtra Government constitutes Revenue expenditure. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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