|Question And Answer|
|Answered by:||Advocate Shashi Ashok Bekal|
|Tags:||Co -operative society, Conveyance charges|
|Date:||June 10, 2023|
Housing society pays conveyancing charges .
whether it is a capital exp to be added to land or reduced from reserves already created earlier ?
can it be claimed as revenue exp by any chance ?
The same would be capital expenditure and has to be added to the cost of land.