Atharv Sankliya (1356 Points)
06 April 2023
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 07 April 2023
Ok Ibhave to refresh that gaap but as a gist i can say yes. Because resorts use palm trees and lawns and nature to attract customers which gives a benefit. Im traveling long distance and will get back. Just for gambling sake am i wrong? Please leave your comment here.
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 07 April 2023
On a second thought, why must you wait for an answer. If it is a bearer plant, it can be capitalised as ppe. Others can be maintenance. But in due course everyone must understand that i like palm trees, bushes and lawns and hedges and flower pots before I stay in a hotel or a resort. Now how about that? There are nonprincioles for that.
Atharv Sankliya
(1356 Points)
Replied 07 April 2023
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 09 April 2023
Yes I've gone through the standard and it doesn't fall under agriculture because hotel has animals under PPE. It could be for various reasons like tourist attraction or for natural panorama etc. If the hotel is using for breeding purposes, then it's indas agriculture standard.
CAclubindia
