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Capital/revenue expenditure

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 June 2013 Are expenses incurred on salary, interest, commission to broker, travelling, conveyance, sales promotion, staff welfare, telephone and other misc expenses capital or revenue expenses in Builder firm case where there is no sale because complex is under construction ?

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Guest (Expert)
26 June 2013 They will be considered as revenue in case of builder firm.



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