Expenditure incurred on aproach road is capex or revenue
This query is : Resolved
Querist : Anonymous
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
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
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
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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