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int on loan taken for cap assets

This query is : Resolved 
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(Querist)
28 July 2008 is interest on loan taken for capital assets
is capital exp/revenue exp
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
28 July 2008 Upto the time the asset is brought to existensce it is capital exp.

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