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Expenditure incurred on aproach road is capex or revenue

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2013 Dear All,

Is expenditure incurred by the company on approach road construction ( Amt rs 5 Lacs) for better transportation will be capex or revenue nature.

Plz share relevant case law/materials also.

Regards
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@VaibhavJ

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@VaibhavJ (Expert)
19 October 2013 Hi

You can expense it off since benefit would be for short term period.

Do write back if you have query.

Thanks//VaibahvJ

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