Definition
It means covered and open area at establishment location. Agricultural land including land acquired for gaining sand, clay, etc. if connected with the establishment are excluded. Cost of land purchased plus premium paid for leased land and additions, alterations and improvements made there on are shown separately.
Improvement to land: It Includes value of improvements made (i.e. by raising, filling-up, digging, leveling, etc. of land) in the inquiry period. Such value will be recorded under new addition.