Wherether the expenditures incurred for further expansion of roads to be capitalise or not ???
1 Replies
Kolluru Krishna Murty
(Partner)
(315 Points)
Replied 20 April 2012
If the expenditure on roads increases the capacity of roads serviced (length of road) the expenditure has to be capitalized.
Other wise the expenditure has to be charged off to revenue.
kkm
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