Hi, We have paid processing fees for Regularisation of Existing Block and Extension to Govt Which expense head to debit this
Will debiting to Rates and Taxes Correct?
2 Replies
Maddu Nageswararao
(4 Points)
Replied 01 November 2018
Debit related capital account. The expenditure is not revenue expenditure. While calculating depreciation should on the new value.
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