Please tell me, computer accessories like adapter, netsetter, keyboard, mouse, RAM, Hardisk purchased after its installation. Should it be capitalise or charged to P&L under repair & maintenance.
01 April 2016
if it is big amount then it will be capitalized. i.e hardisk,RAM etc. moreover if its in one bill then you can capitalized all the item in head of Computer & Peripherals. Sometimes if single mouse, keyboard, adapter purchase then you can take in P&L .
CAclubindia
