Lawns on a land ? nature of expenditure ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 February 2011
Sir,
if an assesee incurrs expenditure on gandening the land and put lawns thereon and plant trees. What type of expenditure it is ? Is it a capital or revenue expenditure ? and under which heading it will go ? whether depreciation will be allowed on it ? Pls guide. Thanks.
if an assesee incurrs expenditure on gandening the land and put lawns thereon and plant trees. What type of expenditure it is ? Is it a capital or revenue expenditure ? and under which heading it will go ? whether depreciation will be allowed on it ? Pls guide. Thanks.
05 February 2011
It is Horticulture exp, booked as revenue.
Message likes :
1 times
Guest
Guest
(Expert)
05 February 2011
Agree with Mr. Bhagat
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Import license renewal
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
