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Revenue v/s capital

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 November 2012 For service industry – pre incorporation expenses allowed as Capital expenditure or not?
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@VaibhavJ

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@VaibhavJ (Expert)
29 November 2012 Hi,

All pre-incorporation exp to be capitalised & start up of business sam to be exp. out in installments.

Thanks//Vaibhav
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