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Is it the revenue expenditure?

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(Querist)
22 March 2012 Dear All experts,

Whether expenditure incurred by a public limited company on Establishing Staff Colony will be trated as Revenue Expenditure or Not?.

Please advice me wih some references.

An early reply is highly appreciated.

Thanks...
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Ranjan Dayal

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Ranjan Dayal (Expert)
23 March 2012 Dear Sushil
As per your queries Company has construct Residectial building for staff than it should be a capital expenditure.

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