Q. Which one of the following is a capital expenditure? (Solved)

1. Compensation paid to Directors on termination of their services

2. Expenditure incurred in connection with the renewal of a Trade Mark.

3. Gratuities paid to Directors on termination of their services.

4. Royalty paid in installments for the purchase of rights to manufacture and sell patient medicines.

  • a. Compensation paid to Directors on termination of their services
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