Treatment of expenditure on rain water harvest
Nagashree G (Student CA Final ) (23 Points)
25 May 2017
Expenditure towards Rainwater harvest is Revenue or Capital expenditure?
Nagashree G (Student CA Final ) (23 Points)
25 May 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 30 May 2017
Being long term investment should be treated as capital expenditure.
genexutility
(water purification)
(2 Points)
Replied 20 October 2021
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yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 21 October 2021
If your planning to sell it, it is capital expenditure.
If you intend to use it for treating it for factory purposes as drinking water, gardening, it is revenue expenditure.
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