capital exp.

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..... interst paid on purchase of land after startd of production is capital exp. or rev. exp. if its a rev. exp. then suggest proper case law or sec. - Reply By CA GOPALJI AGRAWAL - The Reply = The bas .....

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..... ic principles of accounting decide whether an expenditure is revenue or capital. AS 16 on borrowing costs reply yr query that once the asset is ready to use, the subsequent costs are revenue but in in .....

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..... come tax law, it is the date the asset is put to use hence once the production is started, the expense is revenue on account of interest. - capital exp. - Query Started By: - himanshu gupta Dated:- .....

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..... 30-1-2013 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanag .....

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..... ementindia.com - TMI - TaxTMI - TMITax .....

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