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Fixed assets

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(Querist)
07 December 2012 OUR COMPNAY PAID TO APCPDCL(GOVT) FOR DEVELOPMENT OF ELECTRICITY LINE FROM 11 KV TO 22 KV WE CAN SHOW IT FIXED ASSETS OR EXPENES
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V K Bajaj

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V K Bajaj (Expert)
08 December 2012 The amount should have been mentioned here.

If this development falls within factory premises then it could be termed as Fixed Assets and if totally out factory premises then treat it as expenses.

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