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Lawns on a land ? nature of expenditure ?

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Querist : Anonymous

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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.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
05 February 2011 It is Horticulture exp, booked as revenue.
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Guest (Expert)
05 February 2011 Agree with Mr. Bhagat
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