Para 2.11.2.3 — CAM

2.11.2.3 In the case of works of renewal and improvements which are both of capital and revenue nature, it is impracticable to draw a hard and fast line between what is properly to be debited to capital or revenue. Allocation in such cases is made by detailed rules and formulae devised by the executive authorities, which are applied in estimates and accounts to determine the allocation of expenditure between capital and revenue. These rules and formulae must necessarily be based upon some general principle of sound finance, which should aim at an