TaxTMI 
TaxTMI 
Expenditure Revenue Vs Capital
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....xpenditure Revenue Vs Capital<br> Query (Issue) Started By: - CHITRA RAGURAM Dated:- 3-2-2011 Last Reply Date:- 13-2-2011 Other Topics<br>Got 2 Replies<br>Indian Laws<br>Whether amount paid for plan a....
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....pproval 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 planning stage as the first stage a....
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....nd 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 that even expenses like transportatio....
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....n 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<br> Discussion Forum - Knowledge Sharing ....