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Difference between expense and expenditure ?

Answer Posted / abhivirthi tax and industrial

Money or amount utilised for certain purchases or for utilisation of certain services from others or fares paid for travelling etc., is called expense.

Incurring such expenses or spending money for such activities is called expenditure.

Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599

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