Capitalisation or expense

This query is : Resolved

RAKESH (Querist)
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30 October 2012 a company purchased a mobile charger.I think it is a integral part of main asset(mobile) because without it no mobile work.it should be capitalised or expense?

CA bhargava

CA bhargava (Expert)
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30 October 2012 As the Exp. Incurred is less than Rs.5000/- it is advisable to charge to P & L account

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Capitalisation or expense

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