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Capital receipt and revenue receipt

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2013 what is the difference between capital receipt & revenue receipt ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
31 August 2013 Capital receipt is the receipt against the sale or realisation of capital assets and capital nature transactions. revenue receipts are normal business receipts

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