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Ashish deoli ipcc (Querist)
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15 May 2010 demolition and dismantaling charges?
whether its a revenue or capital exp??

are both proposed and interim dividend debited to p/l appropriation a/c??

DEEPIKA GOEL

DEEPIKA GOEL (Expert)
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16 May 2010 It would depends on the nature and purpose for which you are demoliting and dismantling. There is no clear demarcation, it would be capital expenditure or revenue expenditure. CAN YOU BE MORE SPECIFIC TO YOUR QUERY??

Further, about proposed and interim dividend, dividend is below the line item means it would be appropriation of profit. So, both the dividends would be debited to profit and loss appropriation account.

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