Query Details

Asked by ayush on :Jun. 08, 2018

My friend is starting a Christmas tree farm. This year He spent money on land, clearing, seedling...

My friend is starting a Christmas tree farm. This year He spent money on land, clearing, seedlings, planting and spraying. He wants to purchase a utility vehicle also. How does he write off these costs if he has another income.

My friend is starting a Christmas tree farm. This year He spent money on land, clearing, seedlings, planting and spraying. He wants to purchase a utility vehicle also. How does he write off these costs if he has another income.

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