Capital or revenue expenditure

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RAMAN ARORA (Querist)
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09 February 2019 Expenses incurred for repair of concrete road to pevar within the Petrol Pump are of capital or Revenue nature??

Amol S Joglekar (Expert)
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09 February 2019 please let me know who is the owner of the land on which the concrete road is built

RAMAN ARORA (Querist)
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11 February 2019 Assessee himself is owner of the land

Amol S Joglekar (Expert)
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11 February 2019 if the concrete road had been capitalised, then repairs on the road is REVENUE expenditure

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