Any amount spent for replacement of worn out part of a machine is capital expenditure, [June 2022, 2 Marks]; [MTP Jan. 2025]
Options
A
B
C
D
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Theoretical FrameworkQuestion 4965 of 110
All Questions Correct Answer
✅ Option — Correct Option
All Options:
- A
- B
- C
- D
Detailed Solution & Explanation
False: Any amount spent for replacement of worn part of a machine is treated as revenue
expenditure.
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