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Revenue vs capital

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2012 I have purchased second hand machinery and i incurred some expenses for put to use(like installation charges),can i take that expenses as capital or revenue,what should i do,please resolve the above query
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CA Sourabh Agarwal

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CA Sourabh Agarwal (Expert)
24 December 2012 It shall be capitalized.

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