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Expenditure on Rented Primises

This query is : Resolved 

20 March 2009 Dear Sir,

If we are running factory on rented primises and expenditure incurred towards construction of additional store room and BSR should be capitalise or debited to P & L ?

Please advise.

thanks,

Chintan

20 March 2009 It should be capitalize as per the decided Case Laws.



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