Poonawalla fincorps
Poonawalla fincorps

Depreciation as per sch ii of companies act

This query is : Resolved 
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(Querist)
14 August 2015 Hello, can any one tell me whether tonner purchased should be capitalised or not...
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
14 August 2015 its better to expense it dear....
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Amol S Joglekar

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Amol S Joglekar (Expert)
14 August 2015 Toner per se is revenue expenditure and need not be capitalised at all.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
14 August 2015 To be charged to P/L under Printing and Stationery.

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