Nature of expenditure

It is a revenue expenditure, show it under the head Repairs and Maintenance of Building. 

why it is not differed revenue exp.as per my view it is incured for more than 1 yr.it is useful for few years!

some times it may increase the earning capacity of the building then how should we treat that!!!

Hey Dear 

As per my understanding:-

Firstly i would like to clearify that Deffered Revenue Expenditur is now not apply becasue that has been withdrawn. 

Secondly if painting is in ragularly done on yearly then it should be debited to Repair & Maintaince Building A/c.

Thirdly if painting is done at the time of errection of building then it should be debited in the cost of building as capiatal Expenditure.

Kindly correct me if i m wrong. 

let me clear that if we construct a building on 01/01/2016.and painted it.then total expenditure on that new building is should b capitalised(capital exp).

after 2 yrs if we want to lease or letout for commercial pupose for some period (may5yrs).and again painted it to earn high value(renatls) then how that exp will b treated ??