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Power connection

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(Querist)
23 May 2018 FOR NEWLY SET UP MANUFACTURING UNIT PAID POWER CONNECTION CHARGES IS CAPITAL EXPENDITURE OR REVENUE. IF CAPITAL THAN DEPRECIATION RATE AS PER INCOME TAX ACT
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
23 May 2018 It is Capital Expenditure and generally it can be added to the cost of Plant & Machinery

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